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

Chapter X : Miscellaneous

57. Transfer and cession not to be passed as security

 

No transfer or cession of any right (except a mortgage bond) made as security for a debt or other obligation shall be attested by the Director-General or registered or recorded in the Mineral and Petroleum Titles Registration Office.

 

[Section 57 substituted by section 41 of Act No. 24 of 2003]