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| 85 Cancellation of registration on expiry of prospecting contract or failure to renew |
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85 Cancellation of registration on expiry of prospecting contract or failure to renew (1) Upon the written request of the grantor of prospecting rights under a prospecting contract- (a) the registration of which has under section eighty-four ceased to be of effect; or (b) to the renewal of which no claim has been lodged at the deeds registry, or which, if such a claim has been lodged, has lapsed by effluxion of time, the registrar shall cancel the entries in the registers relating to the contract and the endorsement of the contract upon the grantor's title deed of the land or the rights to minerals affected by that contract. (2) For the purposes of this section the grantor of prospecting rights means the person who from the records in the deeds registry appears to be the holder of the rights to minerals in the land in question. |
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