[I.].Where any part of the possessions of any archbishop, &c., or person having any ecclesiastical living, shall be demised by several leases which was formerly demised by one, or where a part shall be demised for less than the ancient rent and the residue shall be retained in the possession of the lessor, the several rents reserved on the separate demises of the specific parts shall be taken to be the ancient rents within the meaning of 32 Hen. 8. c. 28., 1 Eliz. c. 19., 13 Eliz. c. 10., and 14 Eliz. c. 11.
2. Demise made before passing this Act not valid unless the rents reserved be equal to or more than the rents accustomably reserved, &c.
3. Where the whole of such premises shall hereafter be demised in parts, the aggregate rents reserved shall not be less than the old accustomed rent, and so in proportion where a part shall be retained in possession by the lessor.
4. No greater proportion of the accustomed rent shall be reserved by any separate lease than the premises demised will bear.
5. Where any specifick thing shall have been reserved by the lessor, it may be a charge on the premises demised, &c.
6. No lease confirmed whereon no annual rent to the lessor is reserved.
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8. Where payments have been reserved to vicars, &c. other than the lessors, provision shall be made in leases in severalty for the future payment thereof out of part of the premises being of an annual value of three times the amount of the payment.
9. This Act not to confirm the claim of any vicar, &c. to such payment, where it depends only on the will of the person granting or renewing the lease.
10. Persons holding such leases in trust, or granting under-leases of specifick parts with covenants for renewal, may surrender them, that separate leases may be granted by the original lessors to the cestuique trusts or under lessees on reasonable terms, subject to the accustomed rent, etc.