Section 40: Rules as to freeing securities
consolidated text (as at 2005). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
40. Rules as to freeing securities
Where—
(a) a broker dies, resigns or is dismissed from the office of a broker;
(b) any person who—
(i) has furnished security to be discharged; or
(ii) his immovable property being burdened with a mortgage
security wishes it to be cleared and discharged,
the security shall only be discharged on the production of a certificate from
the President stating that the cessation of the functions of the broker for
whom it was furnished, or the discharge of the security, has been posted up
for 2 months in the hall of the Supreme Court and the Chamber of Brokers,
and that no opposition has been lodged against such discharge.
[Issue 1] B12 – 8
Revised Laws of Mauritius