The mortgage shall be cancelled in accordance with the rules applicable to publicity in the State Party where the property is encumbered.
Where the creditor refuses to consent to it or where the Conservator refuses to proceed to the cancellation of the mortgage, the debtor or his beneficiary may obtain a court order releasing this security. If the order made against the creditor or claimant is final the conservator shall proceed to the said cancellation.
Official translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 46
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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Section 202 of the Acte uniforme révisé portant organisation des sûretés/akn/ohada/act/loi/2010-12-15/aus-2010
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