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Subrogation
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===Lender's subrogation rights=== Where a lender lends money to a borrower to discharge the borrower's debt to a third party (or which the lender pays directly to the third party to discharge the debt), the lender may be entitled to be subrogated to the third party's former rights against the borrower to the extent of the debt discharged.<ref>''Butler v Rice'' [1910] 2 Ch 277; ''Ghana Commercial Bank v Chandiram'' [1960] AC 732</ref>
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