(1) A person may apply in writing to the registrar-general for a notice under section 42 to be removed from the register under the Land Titles Act 1925 .
Note 1 If a form is approved under the Land Titles Act 1925 , s 140 for this provision, the form must be used.
Note 2 A fee may be determined under the Land Titles Act 1925 , s 139 for this provision.
(2) The registrar-general must remove the notice from the register if satisfied that—
(a) there are no residential premises on the land to which the notice relates that are the subject of a village contract; and
(b) there are no amounts outstanding that are payable under a village contract relating to residential premises on the land to which the notice relates.