In forceUpdated to 15 Oct 2020Current version · Updated to 15 Oct 2020
National Land Code (Revised - 2020) · Updated to 15 Oct 2020 · Chapter 1 · Creation of charges, and general provisions relating thereto
247. Postponement of charges
Feedback & support(1)
Any charge may be postponed to any subsequent charge by an instrument in Form 16c.
(2)
The charges to which any instrument of postponement relates shall rank, as between each other, in the order therein specified as from the date on which the instrument is registered.
registered
Defined · s 5
“registered” means registered in accordance with the provisions of this Act or of any previous land law;