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RENEWABLE LEASEHOLD CONVERSION ACT 1849 - SECT 3

Lessee or under-lessee may require exceptions, &c., interfering with cultivation to be commuted for an increased rent.

3. Where any subsisting exception or reservation contained in the lease or
under-lease in perpetuity by the owner of which a grant is required as
aforesaid, or any right under covenant or otherwise annexed or belonging to
the reversion or estate from the owner of which a grant is required,
interferes with the proper cultivation of the lands comprised in such lease or
under-lease, the owner of such lease or under-lease requiring such grant as
aforesaid may (if he think fit) require that such exception, reservation, or
right should cease, wholly or partially, and in such case the grant shall be
modified accordingly, and the fee-farm rent to be made payable by such grant
shall be increased by such an amount as is equivalent to the value of such
exception, reservation, or right, in so far as it is made to cease as
aforesaid, such amount to be ascertained in manner herein-after mentioned, in
case the parties differ about the same.

© 1849 Crown Copyright

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