DECLARATION REGARDING OUTSTANDING DEBTS
DUE TO HER MAJESTY


http://www.international.gc.ca/depar...641.1418929901

What is this used for???

Security for Debts Due to Her Majesty Regulations
http://laws-lois.justice.gc.ca/eng/r.../FullText.html

SECURITY

4. For the purposes of these Regulations, only a charge in favour of Her Majesty on the existing or future personal or real property of a debtor or on the existing personal or real property of a person who is the surety or guarantor of the debtor, shall be deemed to be a security.



2. In these Regulations,

“charge”

“charge” includes a pledge, assignment, debenture, mortgage, encumbrance, hypothec or lien; (droit)



The pledge is the charge and the person being the surety becomes a security.


http://laws-lois.justice.gc.ca/eng/a...e-10.html#h-30

“security” means sufficient security, and “sureties” means sufficient sureties, and when those words are used one person is sufficient therefor, unless otherwise expressly required;

Proof that a person is sufficient security.

Can the above form be used to record the settlement of the charge (pledge) buy surrendering the instrument of the pledge?