Michael McCarthy (Labour)

I move amendment No. 3:

In page 3, subsection (2), line 35, after "effect" to insert "and shall cancel any existing entry to the contrary effect".

This amendment deals with the discharge of land purchase annuities. This is a drafting amendment. It is not sufficient for the Registrar of Titles to simply make a new entry in the register on the passing of the Act. The registrar should be required to cancel existing entries to the effect that a land purchase annuity is payable.