98Removal of land charge

98 Removal of land charge (1) The Director must apply to the Registrar of Titles for the removal of the recording of a land charge over land to which the land charge applies if— (a) the outstanding amount is paid; or S. 98(1)(b) amended by No. 29/2016 s. 31(a). (b) in the case of a natural person, the person in respect of whom the land charge was made dies; or S. 98(1)(ba) inserted by No. 29/2016 s. 31(b). (ba) in the case of a body corporate, the person in respect of whom the land charge was made becomes a deregistered body corporate; or (c) the land charge should otherwise be removed; or (d) the Director believes that in all the circumstances it is no longer appropriate for the land charge to remain on the land. (2) The Director must apply to the Registrar of Titles for the removal of the recording of a land charge by lodging an application— (a) describing the land in respect of which the land charge is to be removed; and (b) requesting the removal of the recording of the land charge. (3) On an application being lodged under subsection (2), subject to the **Transfer of Land Act 1958**, the Registrar of Titles must remove the recording of the land charge from the Register kept under that Act. (4) On the removing of the recording under subsection (3), the land charge is removed. (5) The removal of a recording of a land charge in the Register kept under the **Transfer of Land Act 1958** may be done under this section without submission to the Registrar of Titles of any relevant certificate of title.