Singapore legislation

Section 16

of Bills of Sale Act 1886

Section 16

Entry of satisfaction

Amended by40/2019

(1)

A Judge sitting in the General Division of the High Court may order a memorandum of satisfaction to be written on any registered copy of a bill of sale upon being satisfied that the debt, if any, for which such bill was made or given has been satisfied or discharged.

Amended by40/2019

(2)

The Registrar or Deputy Registrar of the Supreme Court may write a memorandum of satisfaction upon any registered copy of a bill of sale on a consent to the satisfaction signed by the person entitled to the benefit of the bill of sale and verified by affidavit being produced to him and filed in the Registry of the Supreme Court and on the original bill of sale being also produced to him.

Section 16 — Bills of Sale Act 1886 | laws.sg