Where the title to any land under common law title is evidenced by a registered deed and the land is so described in that deed that, in the opinion of the Registrar-General, no further survey definition is necessary adequately to define the boundaries of that land, the Registrar-General may--
(a) create, in accordance with the provisions of this Part, a qualified folio of the Register for any of that land, and
(b) for the purposes of so creating a qualified folio of the Register, retain any relevant deed in the Registrar-General's custody.