ORDINANCE No. 12 of 1886 . 1977
Bills of Sale.
and a description of the residence and occupation of the
person making or giving the same ( or in case the same
.
is made or given by any person under or in the execution
of any process , then a description of the residence and
occupation of the person against whom such process
issued ) , and of every attesting witness to such bill of
sale, shall be presented to and the said copy and affidavit
shall be filed with the Registrar within seven clear days
after the making or giving of such bill of sale.
(3. ) If the bill of sale is made or given subject to any defeasance
or condition , or declaration of trust not contained in the
body thereof, such defeasance, condition , or declaration
shall be deemed to be part ofthe 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.
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 .
A transfer or assignment of a registered bill of sale need not be
registered .
11. The registration of a bill of sale, whether executed before or Renewal of
registration.
after the commencement of this Ordinance, must be renewed once at least [41 & 42 V. c.
every five years, and if a period of five years elapscs from the registration 31 , s. 11. ]
or renewed registration of a bill of sale without a renewal or further
renewal (as the case may be ) , the registration shall become void.
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 sub
sisting security.
Every such affidavit may be in the form set forth in the schedule.
A hereto.
A renewal of registration shall not become necessary by reason only
of a transfer or assignment of a bill of sale.