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Civil Law (Property) Act 2006
317Redemption if mortgagee absent or unknown
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317 Redemption if mortgagee absent or unknown
(a) a person entitled to receive payment of all or part of a debt
secured by a mortgage—
(i) cannot be found; or
(ii) is unknown; or
(b) it is uncertain who is entitled to receive all or part of the debt
secured by a mortgage.
(2) On application by the person entitled to redeem the mortgaged
property, the Supreme Court may, by order, direct that—
(a) the amount of the debt secured by the mortgage, or part of it, be
worked out in the way the court directs; and
Mortgages—other provisions Part 3.2
(b) the amount worked out be paid into court.
(3) A certificate of the registrar of the Supreme Court that a payment into
court was ordered to be made under subsection (2) (b) and has been
made may be registered with the registrar-general.
(4) On registration, the amount paid is a discharge of the mortgage debt,
or part of it, to the extent of the amount paid.
(5) However, an amount that is eventually shown by the person entitled
to the mortgage debt, or a part of it, to have been in fact owing in
addition to the amount paid into court continues to be a debt owing
on the mortgage.
(6) On application by the person entitled to an amount paid into court
under subsection (2) (b), the Supreme Court may order the amount be
paid to the person.
(7) However, an amount must not be paid under subsection (6) until the
registrar of the Supreme Court is satisfied that the mortgage
document and all documents of title that were given by the mortgagor
to the mortgagee for the mortgage have been given to the person who
paid the amount into court.
(8) If the amount of principal and interest owing under a mortgage is paid
into court under this section and is afterwards paid under an order of
the Supreme Court to the person mentioned in the order, the order
operates as a discharge of mortgage of any land subject to the
mortgage.
(9) An order mentioned in subsection (8) takes effect as a discharge of
mortgage only when it has been registered by the registrar-general.