Section 127Part 8 — Restraints on Disposition
Lodging of cautions
←→ Navigate · Click subsection badges to collapse · Press ? for help
Any person who —
claims any unregisterable interest whatsoever in land, a lease or a charge;
is entitled to a licence;
has presented a bankruptcy petition against the proprietor of any registered land, lease or charge; or
being a bank, has advanced money on a current account to the proprietor of land, a lease or charge,
may lodge a caution with the Registrar forbidding the registration of dispositions of the land, lease or charge concerned and the making of entries affecting the same.
A caution may either —
forbid the registration of dispositions and the making of entries altogether; or
forbid the registration of dispositions and the making of entries to the extent therein expressed.
A caution shall be in the prescribed form and shall state the interest claimed by the cautioner, and the Registrar may require the cautioner to support it by a statutory declaration.
The Registrar may refuse a caution which he considers unnecessary.
Subject to this section, the caution shall be registered in the appropriate register.
Defined Terms
cautioncautioner