The Principal Act is amended by the insertion of the following section after section 27:

"27A.

(1) Where subsection (2) applies, the Executive shall issue a receipt and the receipt shall act as a discharge or release of the order made under section 14B(1) to which it refers and may be registered in the Land Registry or the Registry of Deeds as appropriate.

(2) This subsection applies where -

(a) following the occurrence of a repayment event and consultation with the Revenue Commissioners, the secured amount has been repaid,

(b) a determination was made under section 14C(2)(a) in relation to the particular family asset to which the chargeable land relates and the family successor has complied with the undertaking given by him or her under section 14A(3)(d), 14F(8)(b), 14G(4)(b) or 14H(5)(b) during the relevant period,

(c) no determination under section 14C(2)(a) has been made in relation to the particular family asset to which the chargeable land relates and the relevant person has died, or

(d) where the Executive, in consultation with the Revenue Commissioners, is otherwise satisfied that the secured amount has been repaid or is not repayable to the Executive.

(3) A receipt under subsection (1) may be issued by an appointed person.