(1)After the expiration of one month from the receipt of a caveat, that caveat shall be deemed to have lapsed, unless the person by whom or on whose behalf it was lodged within that time has taken proceedings in a court of competent jurisdiction to establish his or her title to the estate or interest specified in the caveat, and has given written notice of the proceedings to the Registrar, or has obtained and served on the Registrar an injunction or order of the High Court restraining him or her from bringing the land under this Act.

(2)A caveat shall not be renewed by or on behalf of the same person in respect of the same estate or interest.