Hong Kong Ordinances

LAND TITLES ORDINANCE - SECT 41

Satisfaction of registered charge

not yet in operation On proof to the satisfaction of the Registrar—

   (a)  that all money or money's worth due under a registered charge has been
        paid to the chargee or by his direction;

   (b)  that there has been fulfilment of all the conditions to which a
        registered charge relates;

   (c)  that part of money or money's worth due under a registered  charge has
        been paid to the chargee or by his direction; or

   (d)  that there has been fulfilment of some of the conditions to which a
        registered charge relates, the Registrar shall—

   (e)  in the case of paragraph (a) or (b), remove the entry in the
        Title Register referring to the charge;

   (f)  in the case of paragraph (c) or (d), alter the entry in the
        Title Register referring to the charge or remove the entry or
        substitute a new entry, as the case may require.