PART XIMISCELLANEOUS AND SUPPLEMENTARY

Vacating of certain charges132

1

The lodgment in the Registry of Deeds or, subject to Land Registry Rules, in the Land Registry, as the case may require, of a certified copy (or, where the owner of the land is a company, two certified copies) of the certificate of satisfaction shall be effective to cancel the charge imposed by an order charging land or to cancel the notice of such an order.

2

The lodgment with the registrar of Government funds or stock, or with the local authority, public undertaking or public company, as the case may require, of a certified copy of the certificate of satisfaction shall be sufficient authority for vacating a charge on funds, stock or shares under Article 58.