Singapore legislation
Regulation 20
Regulation 20
Memorandum of discharge of lien or charge
Where any document enrolled in the register has reference to the creation or assignment of any lien or charge affecting any land and such lien or charge is thereafter satisfied or discharged, the following provisions shall have effect:
any person entitled to or claiming to be entitled to any interest in the land may present a memorandum of the discharge of any lien or charge on the land for registration;
every such memorandum of discharge of lien or charge shall —
be in Form 7 or 8 set out in the Second Schedule;
be signed by the person who immediately before the satisfaction or discharge of the lien or charge was entitled to the benefit thereof or by his agent duly authorised by a power of attorney executed and authenticated in the manner specified by section 10 of the Act; and
comply with section 11 of the Act;
every such memorandum of discharge of lien or charge which is endorsed by the chargee on the memorandum of the lien or charge shall be in Form 8 set out in the Second Schedule and the memorandum of the lien or charge so endorsed shall be presented for registration;
if the memorandum of discharge of lien or charge is in Form 7 set out in the Second Schedule, it shall refer to the registration volume and number of the memorandum of the lien or charge which is to be discharged and the memorandum of discharge of lien or charge may be accepted for registration without being accompanied by the memorandum of the lien or charge; and
the Registrar shall, immediately after acceptance of the memorandum of discharge of lien or charge for provisional registration, cause an appropriate entry to be made in the index of lands on the pages relating to the demarcation lots affected by the discharge of lien or charge but will not make an entry on the copy of the memorandum of lien or charge enrolled in the register.