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Section 56: Duties of Conservator

Transcription And Mortgage Act

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

56. Duties of Conservator (1) The preservation of all mortgages shall be vested in the Conservator. (2) In addition to the preservation of mortgages, the Conservator shall transcribe in the MIPD transfers of property and any other deeds required or allowed by law to be transcribed, and levy the fees and other payments accruing to the Consolidated Fund in connection with his duties. (3) — (4) The Conservator shall make available for collection any deed or document within 6 hours of the date of payment of any fees or other payment on the deed or document. [S. 56 amended by s. 37 (a) of Act 18 of 2008 w.e.f. 19 July 2008; s. 30 (c) of Act 20 of 2011 w.e.f. 11 November 2011; s. 29 (j) of Act 26 of 2013 w.e.f. 19 May 2014.] 57. —

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