Paragraph 4

For rule 150 substitute—

“150

(1)

Subject to rule 85B and paragraph (2) hereof, an application to alter the terms of a registered charge under section 31 of the Act shall be in Form 51, and shall be executed by the proprietors of the charge and of the land and shall also be executed by, or accompanied by the consent of, the proprietor of every charge of equal or inferior priority prejudicially affected by the alteration.

(2)

In the case of an application to alter the terms of a charge delivered by electronic means in accordance with rule 85B, the Registrar may accept a solicitor’s certificate confirming that he holds consents from all of the persons who would have been required to sign or consent to the application in accordance with paragraph (1).”