Financial Management of Parliament Act, 2009
R 385
Deeds Registries Act, 1937 (Act No. 47 of 1937)Chapter V : BondsGeneral Provisions52. Cession of bond to secure future advances |
A cession of a mortgage bond or notarial bond passed to secure future advances may be registered and the registration of such a cession shall not affect the provisions of the bond relating to future advances up to the amount stated in such bond or the amount as reduced.
[Section 52 substituted by section 20 of Act No. 87 of 1965]
