Section 8, The Non-citizens (Interests in Land) Act, 1966

The following provisions apply to a mortgage made on or after the 17th of January, 1963, namely— (*a*) Nothing in this Act shall affect the right to transfer property by way of mortgage; (*b*) No order of foreclosure shall be made in favour of a non-citizen mortgagee of property unless he has previously obtained a licence from the Board authorising him to take foreclosure proceedings with respect to the property in question. (*c*) Nothing in this section shall be construed as exempting any non-citizen who purchases or leases property from the mortgagor or mortgagee thereof from complying with the provisions of section 4. [Margin: Act No. 61 of 1962.]