It shall be lawful for His said Royal Highness, His Heirs or Successors, out of the Lands and Possessions of the said Duchy, to give and grant to and vest in any Person, or Body Politic or Corporate, his or their Heirs, Executors, Administrators, or Successors, any Building proper to be used as or converted into a Church or Chapel, or Parochial or District School, and any Ground proper for the Site of any Church or Chapel, with or without a Cemetery or Burial Ground thereto, and any Ground proper for a Cemetery or Burial Ground to any Church or Chapel, and any House, with its Appurtenances, and with or without a Garden thereto, proper for the Residence of the spiritual Person who may serve such Church or Chapel, or of the Master or Mistress of such School, and any Ground proper for the Site or Sites of any such Residence, or of any Parochial or District School, any thing in this Act or any other Law or Statute to the contrary in anywise notwithstanding; and such Person, or Body Politic, or Corporate, his or their Heirs, Executors, Administrators, or Successors, shall have full Capacity and Ability to take, hold, and enjoy the same; and whenever it shall be the Pleasure of the said Council, or of His said Royal Highness, His Heirs or Successors, to make a Grant for any of the Purposes aforesaid, it shall be lawful for the said Council, or for His said Royal Highness, His Heirs or Successors, to make a Grant thereof to any such Person, Body Politic or Corporate, which Grant shall be enrolled in the Office of the Duchy of Cornwall as aforesaid, and the Enrolment of such Grant shall be certified at the Foot or on the Back thereof by the Keeper of the Records of the said Duchy, or his Deputy; and the said Grant, when so enrolled, shall be returned, with such Certificate of Enrolment, to the Grantee or Grantees of such Lands and Premises; and from and immediately after such Enrolment thereof the Grantee named in such Grant, and his or their Heirs, Executors, Administrators, or Successors, shall, by force of this Act, be adjudged, deemed, and taken to be in the actual Seisin or Possession of the Premises in the said Grant specified, and shall hold and enjoy the same, either absolutely and in perpetuity, or for such limited Estate, Term, or Interest, and under and subject to such Reservations of Rent, or other Acknowledgments, Conditions, or Restrictions, and upon such Trusts and for such Purposes, as shall be specified, inserted, directed, or contained in such Grant, any Law, Statute, or Usage to the contrary thereof in anywise notwithstanding: Provided always, that nothing in this Act contained shall extend or be construed to extend to enable His said Royal Highness, His Heirs or Successors, or His said Council, to grant more than Five Acres in any One Grant for any of the Purposes aforesaid, or to grant any Premises in any One Instance which shall exceed in Value the Sum of Three hundred Pounds.