66Recording of satisfaction of annuity etc

66 Recording of satisfaction of annuity etc

66 Recording of satisfaction of annuity etc

(1) Upon proof of the death of the annuitant, or of the occurrence of the event or circumstance upon which, in accordance with the provisions of any charge, the annuity, rent-charge or sum of money thereby secured ceases to be payable, and upon proof that all arrears of the said annuity, rent-charge or sum of money (together with interest, if any) have been paid, satisfied, or discharged, the Registrar-General shall make in the Register such recording with respect to the payment, satisfaction or discharge as the Registrar-General thinks fit.

(2) Upon such recording being made, the land, estate, or interest shall cease to be subject to, or liable for, such annuity, rent-charge or sum of money.

(3) (Repealed)

s 66: Am 1970 No 23, sec 11 (t); 1979 No 164, Sch 12 (23).