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Cancellation of charge.
[1961, s. 9(8).]
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58.—Where all money payable on foot of a charge created under this Chapter has been repaid to the Corporation and the registered owner or the person in occupation of the land to which the charge relates requests the Corporation to release the charge, the Corporation shall thereupon transmit to the registering authority a certificate under its seal stating that all money payable on foot of the charge has been repaid to the Corporation, and upon transmission to the registering authority of a certificate purporting to be under the seal of the Corporation and stating that all money payable on foot of the charge to which it relates has been repaid to the Corporation, the entry of the charge in the register in which it is entered shall be cancelled.
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