(1) If a land certificate or a certificate of lease has been issued, then, unless it is filed in the Registry, or the Registrar dispenses with its production, it shall be produced on the registration of any dealing with the land or lease to which it relates, and a note of such registration shall be made on the certificate.
(2) If the dealing is a transfer, the certificate if produced shall be destroyed, and in such case a new certificate may be issued to the new proprietor.
(3) If the dealing is a hypothec, the certificate, if any, shall be filed in the Registry.
(Amended by Act 7 of 1986)