s 6 Memorandum of lien or charge
6.—(1) Where any lien or charge on any lands is claimed in respect of any unpaid purchase money or by reason of any deposit of title deeds or otherwise, a memorandum of the lien or charge, signed by the person against whom the lien or charge is claimed, may be provisionally registered on presentation by any person claiming to be interested therein. (2) No such lien or charge has any effect or priority as against any assurance for valuable consideration until a memorandum thereof has been registered in accordance with this Act. (3) Where any such lien or charge is satisfied or discharged, any person entitled or claiming to be entitled to any interest in the land may register a memorandum of discharge.