50(1)Where, pursuant to section 74 of the Bankruptcy and Insolvency Act (Canada) a receiving order or assignment, or a copy thereof, relating to title to registered land is registered by a trustee, the registrar shall register the title to the land in the name of the trustee as such and forthwith give a notice of the registration to the owner of the land and to each owner of a registered interest or estate in the land affected by the registration.

50(2)A receiving order or assignment that relates only to an interest in registered land shall be registered as to that interest.

50(3)The owner may, in writing, request the registrar to give to the trustee a notice in prescribed form.

50(4)A request under subsection (3) shall be accompanied by an affidavit of the owner or some person having knowledge of the facts to the effect that the bankrupt named in the receiving order or assignment is not the same person as the owner.

50(5)Upon receipt of a request under subsection (3), the registrar shall give a notice in prescribed form to the trustee and the receiving order or assignment shall cease to affect the land upon the expiration of thirty days from the giving of the notice unless within that time the trustee files with the registrar a court order confirming that the bankrupt is the owner.

50(6)When a receiving order or assignment ceases to affect the land the registrar shall register as owner the person who would have been the registered owner if the receiving order or assignment had not been registered.

50(1)Where, pursuant to section 74 of the Bankruptcy and Insolvency Act (Canada) a receiving order or assignment, or a copy thereof, relating to title to registered land is registered by a trustee, the registrar shall register the title to the land in the name of the trustee as such and forthwith give a notice of the registration to the owner of the land and to each owner of a registered interest or estate in the land affected by the registration.

50(2)A receiving order or assignment that relates only to an interest in registered land shall be registered as to that interest.

50(3)The owner may, in writing, request the registrar to give to the trustee a notice in prescribed form.

50(4)A request under subsection (3) shall be accompanied by an affidavit of the owner or some person having knowledge of the facts to the effect that the bankrupt named in the receiving order or assignment is not the same person as the owner.

50(5)Upon receipt of a request under subsection (3), the registrar shall give a notice in prescribed form to the trustee and the receiving order or assignment shall cease to affect the land upon the expiration of thirty days from the giving of the notice unless within that time the trustee files with the registrar a court order confirming that the bankrupt is the owner.

50(6)When a receiving order or assignment ceases to affect the land the registrar shall register as owner the person who would have been the registered owner if the receiving order or assignment had not been registered.