(1) After receipt of a
memorandum of satisfaction as provided for in Regulation 8 of these
regulations, the registered proprietor of the land against which the charge is
registered or any person acting on his behalf may make application in writing
in accordance with Form I in the Appendix to these regulations to the
Registrar of Titles or the Registrar of Deeds and Transfers, as the case may
require, for the discharge of such charge from the said land.
(2) Such application
shall be accompanied by —
(a) the
memorandum of satisfaction mentioned in the application; and
(b) in
case the land against which the charge is registered is not under the
Transfer of Land Act 1893 , a memorial of the said memorandum of
satisfaction for registration under the Registration of Deeds Act 1856 .
(3) Upon receipt of an
application for discharge of a charge registered against land as provided for
in paragraph (2) of this regulation, the following provisions shall
apply: —
(a)
Where the land charged is under the Transfer of Land Act 1893 , the
Registrar of Titles shall, subject to payment of any prescribed fee, enter
upon the records under his control relating to the land charged such
memorandum or other record as shall be necessary to place on record the fact
that the amount of the charge registered against such land has been paid and
discharged in full and that the said land is no longer subject to the said
charge; and
(b)
where the land against which the charge is registered is not under the
Transfer of Land Act 1893 , the Registrar of Deeds and Transfers shall,
subject to payment of any prescribed fee, register in the Registry of Deeds
the said memorial of the said memorandum of satisfaction.
[Regulation 9 amended: Gazette
29 Dec 2006 p. 5907-8.]