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MERCHANT SHIPPING ACT 1894 - SECT 32

Entry of discharge of mortgage.

32. Where a registered mortgage is discharged, the registrar shall, on the
production of the mortgage deed, with a receipt for the mortgage money
endorsed thereon, duly signed and attested, make an entry in the register book
to the effect that the mortgage has been discharged, and on that entry being
made the estate (if any) which passed to the mortgagee shall vest in the
person in whom (having regard to intervening acts and circumstances, if any,)
it would have vested if the mortgage had not been made.


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© 1894 Crown Copyright

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