PART 9CHARGES

Discharges and releases of registered charges114

1

Subject to rule 115, a discharge of a registered charge must be in Form DS1.

2

Subject to rule 115, a release of part of the registered estate in a registered title from a registered charge must be in Form DS3.

3

Any discharge or release in Form DS1 or DS3 must be executed as a deed or authenticated in such other manner as the registrar may approve.

4

Notwithstanding paragraphs (1) and (2) and rule 115, the registrar is entitled to accept and act upon any other proof of satisfaction of a charge that he may regard as sufficient.

5

An application to register a discharge in Form DS1 must be made in Form AP1 or DS2 and an application to register a release in Form DS3 must be made in Form AP1.