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COMMISSIONERS CLAUSES ACT 1847 - SECT 78

Register of transfers.

78. Within thirty days after the date of every such transfer, if executed
within the United Kingdom, or otherwise within thirty days after the arrival
thereof in the United Kingdom, it shall be produced to the clerk to
the commissioners, and thereupon such clerk shall cause an entry or memorial
thereof to be made, in the same manner as in the case of the original mortgage
or assignation in security, and for such entry the clerk may demand a sum not
exceeding [25p]; and after such entry every such transfer shall entitle the
transferee, his executors, administrators, or assigns, to the full benefit of
the original mortgage or assignation in security, and the principal and
interest thereby secured, and such transferee may in like manner assign or
transfer the same again toties quoties, and it shall not be in the power of
any person, except the person to whom the same shall have been last
transferred, his executors, administrators, or assigns, to make void, release,
or discharge the mortgage or assignation so transferred, or any money thereby
secured.

© 1847 Crown Copyright

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