(1) Subject to this section, the person identified in an initial notice as the secured creditor may register with the Registrar of the High Court an amendment notice relating to the initial notice.
(2) An amendment notice under subsection (1) may add encumbered properties, extend the period of effectiveness of an initial notice, add or eliminate a grantor, or change the secured creditor.
(3) Registration of an amendment notice under this section that —
(a) adds encumbered properties or extends the period of effectiveness of the registration of an initial notice is ineffective, unless authorized by the grantor under section 33;
(b) adds a grantor is ineffective, unless authorized by the additional grantor under section 33.
(4) On registration of an amendment notice under this section, a person shall pay the prescribed fee.