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PART XIN.I.MISCELLANEOUS AND SUPPLEMENTARY

Vacating of certain chargesN.I.

132.—(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.