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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 1959 - onwards
Version 2 of 2

33. Extinction of title of mortgagee to mortgaged land after expiration of period for action claiming sale of land.

At the expiration of the period fixed by this Act for a mortgagee to bring an action claiming sale of the mortgaged land, the title of the mortgagee to the land shall be extinguished.