①If a registrar has issued mortgage securities, they must make a registration of the issue of mortgage securities by their own authority.

②In the case an application referred to in Article 1, paragraph (2) of the Mortgage Securities Act was filed with a registry office, and if a registrar of another registry office has prepared mortgage securities as commissioned under Article 5, paragraph (2) of the same Act, the registrar of the latter registry office must make a registration of the preparation of mortgage securities by their own authority,.

③In the case referred to in the preceding paragraph, the registrar of the registry office who received the application referred to in the same paragraph must commission the other registry office referred to in the same paragraph to make a registration of the issue of mortgage securities if it has issued mortgage securities, or to cancel the registration of the preparation of mortgage securities if it has dismissed the application referred to in the same paragraph.

④If a registration of an issue of mortgage securities has been made as commissioned under the provisions of the preceding paragraph in relation to the real property for which a registration of the preparation of mortgage securities was made under the provisions of paragraph (2), the registration of the issue of mortgage securities becomes effective retroactively as of the time when the registration of the preparation of mortgage securities was made.