Cap. 296 Art. 32Transfer of charges.

(1) A registered charge may be transferred in the same manner and to the same extent as if it were a charge registered under the provisions of the Public Registry Act, and the provisions of article 12 shall also apply to such transfers.

(2) The transfer shall be completed by the registrar entering on the register the transferee as proprietor of the charge transferred, or of so much of the charge as is transferred, and the Registrar shall issue a charge certificate specifying the details relative to such