Section 18, The Borrowers and Lenders Act, 2014

(1) Subject to sub-regulation (2), a person identified asthe lender in a registered security interest may register a discharge relating to that security interest. 12 13 amend registration. Compulsory registration of amendmen t Information required in an amendment register. (2) The registration of a discharge shall be ineffective unless authorised by the person identified in the initial or amendment form as the lender.