Paragraph 2

For rule 219 substitute—

“Cautioner showing cause

219

(1)

At any time before the expiry of the notice period, or any extension granted by the Registrar, the cautioner or his personal representative may show cause why the caution should continue to have effect or why the dealing should not be registered.

(2)

Cause may be shown either by the cautioner or his personal representative appearing before the Registrar or by the delivery to the Registrar of a written statement, signed by the cautioner or personal representative or his solicitor, which sets out the grounds on which the cautioner or personal representative relies.

(3)

If, after hearing the cautioner or personal representative or reading the written statement, and after making any enquiries he thinks necessary, the Registrar is satisfied that cause has been shown, the matter will constitute a dispute for the purpose of rule 299.

(4)

If the Registrar is not so satisfied, the caution must be cancelled on the register.

(5)

A cautioner or his personal representative shows cause by showing that he has a fairly arguable case for the caution to continue to have effect or for the dealing not to be registered.”