Section 71Part 5 — Dispositions
Right of third party to transfer of charge
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71. On his tendering to the chargee such sums as would have been payable to the chargee if the chargor had sought to redeem the charge under section 70 any of the following persons, that is to say —
any person, other than the chargor, who has an interest in the land, lease or charge charged;
any surety for the payment of the amount secured by the charge; or
any creditor of the chargor who has obtained a decree for sale of the charged land, lease or charge, may require the chargee to transfer the charge to him.