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12.—(1) A proprietor who claims that there has been no unregistered transaction with the souvenir land, or a particular part of the land, after the declaration was made, so that no third party has become entitled to be registered as proprietor of it, may apply in Form RX3 in Schedule 1 to the 2003 Rules in relation to that land to cancel in the register the particulars of the declaration or, where the registrar has registered a restriction in substitution for those particulars under article 11(3), that restriction.
(2) If the registrar is satisfied that there has been no such transaction as is referred to in paragraph (1), he must—
(a)where the application relates to the whole of the land in a registered title, cancel the relevant entry in the register,
(b)where the application relates to part only of the land in a registered title, give effect to the application in the register in such manner as he thinks appropriate.
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