Cap. 296 Art. 33Extinction of charges.

(1) The registrar shall, on the requisition of the proprietor of any charge, or on due proof of the satisfaction or extinction, whole or partial, thereof, notify on the register in the prescribed manner, by cancelling or varying the original entry or otherwise, the cessation, whole or partial, of the charge, and thereupon the charge shall be deemed to have ceased, in whole or in part, accordingly.

(2) Charges shall be extinguished in the same manner as is provided in the Civil Code for the extinction of hypothecs and privileges.

Transmission of Registered Land and Charges