Mining Titles Registration Act, 1967 (Act No. 16 of 1967)

Chapter VII : Bonds: General Provisions

34. Exclusion of general clause in mortgage bonds
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The Director-General shall not attest and register any mortgage bond which contains a clause purporting to bind generally all the immovable or movable property or registered rights of the debtor or both such immovable or movable property and such rights.

 

[Section 34 substituted by section 27 of Act No. 24 of 2003]