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Building Societies Act 1965

Advances - Supplementary provisions

53: Memorandum of discharge of mortgage

You could also call this:

"How to show a mortgage is paid off (old rule, no longer used)"

This law used to be about how to show that a mortgage had been paid off for a building society. However, it's no longer part of the law. The government removed this section on 1 September 1987. If you need to know about paying off mortgages for building societies now, you'll need to look at more recent laws.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM371705.

Topics:
Money and consumer rights > Banking and loansHousing and property > Buying and selling homes
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52: Power of Registrar to require actuary's certificate as to appropriations by ballot, or

"Registrar could ask for expert proof about fair money sharing in building groups"

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54: Interpretation, or

"Words used in the old rules about building societies' money"

Part 3Advances
Supplementary provisions

53Memorandum of discharge of mortgage (Repealed)

    Notes
    • Section 53: repealed, on , by section 12 of the Building Societies Amendment Act 1987 (1987 No 175).