84Discharge of annuity

84 Discharge of annuity (1) On an application being made in accordance with subsection (2), the Registrar-General must make an entry in the land register noting that an annuity or sum of money is satisfied and discharged. (2) The application is to be in the appropriate form and is to be accompanied by: (a) proof of: (i) the death of the annuitant; or (ii) the occurrence of the event or circumstance on which the annuity or sum of money secured ceases to be payable in accordance with the mortgage; and (b) proof that all arrears of the annuity or money have been paid, satisfied or discharged. (3) On the entry being made in the land register, a lot comprised in the mortgage ceases to be subject to or liable for the annuity or sum of money.