Regulation 8

any immovable property belongs to a member or the member’s spouse or both of them jointly; and

any of the following subsists over the immovable property:

any charge under section 15AB(1), (2), (10) or (11) of the Act or a former provision, or any section 21C(1) charge A; (ii)any undertaking under section 15AB(3) or (4) of the Act or a former provision, or any section 21C(2) undertaking A or section 21D(1) undertaking A,the member or the member’s spouse or both of them must not mortgage, charge or otherwise encumber the immovable property without the prior written consent of the Board.

a member is the spouse of any relevant person;

pursuant to an order of court, the relevant person has transferred (other than by way of sale) the relevant person’s estate or interest in an immovable property to the member; and

any of the following subsists over the immovable property:

any charge under section 27C(1)(i), 27D(1)(j)(ii) or 27DA(1)(i) of the Act, or any section 21C(1) charge C;

any undertaking under section 27D(1)(j)(i) of the Act, or any section 21C(2) undertaking B or section 21D(1) undertaking B,the member must not mortgage, charge or otherwise encumber the immovable property without the prior written consent of the Board.