512

No. 7.]

Renewal of registration. 41 & 42 Vict. c. 31 s. 11.

First Schedule: Form No. 1.

Bill of sale to have schedule of property attached.. 45 & 46 Vict. c. 43 s. 4.

Bill of sale not to affect after-acquired property. 16. s. 5.

Exception as to certain things. Ib. s. 6.

THE ORDINANCES OF HONGKONG: [A.D. 1886.

filed with, the Registrar within seven clear days after the making or giving of the bill; and con-

(c.) if the bill is made or given subject to any defeasance, condition, or declaration of trust not contained in the body thereof, such defeasance, condition, or declaration shall be deemed to be part of the bill, and shall be written on the same paper or parchment therewith before the registration, and shall be truly set forth in the copy filed under this Ordinance therewith and as part thereof, otherwise the registration shall be void.

(2.) In case two or more bills of sale are given, comprising in whole or in part any of the same chattels, they shall have priority in the order of the date of their registration respectively as regards such chattels,

(3.) A transfer or assignment of a registered bill of sale need not be registered.

11.-(1.) The registration of a bill of sale, whether executed before or after the commencement of this Ordinance, must be renewed once at least every five years, and if a period of five years elapses from the registration or renewed registration of a bill of sale without a renewal or further renewal, as the case may be, the registration shall become void.

(2.) The renewal of a registration shall be effected by filing with the Registrar an affidavit stating the date of the bill of sale and of the last registration thereof, and the names, residences, and occupations of the parties thereto as stated therein, and that the bill of sale is still a subsisting security.

(3.) Every such affidavit may be in the Form No. 1 in the First Schedule to this Ordinance,

(4.) A renewal of registration shall not become necessary by reason only of a transfer or assignment of a bill of sale.

12. Every bill of sale shall have annexed thereto or written thereunder a Schedule containing an inventory of the personal chattels comprised in the bill of sale; and such bill of sale, save as hereinafter mentioned, shall have effect only in respect of the personal chattels specifically described in the said schedule, and shall be void, except as against the grantor, in respect of any personal chattels not so specifically described.

13. Save as hereinafter mentioned, a bill of sale shall be void, except as against the grantor, in respect of any personal chattels specifically described in the schedule thereto of which the grantor was not the true owner at the time of the execution of the bill of sale.

14. Nothing hereinbefore contained shall render a bill of sale void in respect of any of the following things; that is to say,-

(1.) any growing crops separately assigned or charged where such

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