241. Equitable mortgage of registered land.

Prior to 27 September 19891 the registered proprietor of land or of a charge could create a lien of the registered land or charge by the deposit of the land or charge certificate2. A notice of deposit could be entered on the register3, or a notice or a caution might be registered4. Similarly an applicant for registration as proprietor of land or of a charge could, whether the land or charge was already registered or not, create a lien on it equivalent to that created by deposit of a certificate by giving to the registrar written notice of intention