BILLS OF SALE.
No. 7 of 1886.
347
(1) if the grantor makes default in payment of the sum or sums of money thereby secured at the time therein provided for payment or in the performance of any covenant or agreement contained in the bill of sale and necessary for maintaining the security; or
(2) if the grantor becomes a bankrupt or suffers the said goods or any of them to be distrained for rent, rates, or taxes; or
(3) if the grantor fraudulently either removes or suffers the said goods or any of them to be removed from the premises; or
(4) if the grantor does not, without reasonable excuse, upon demand in writing by the grantee, produce to him his last receipts for rent, rates, and taxes; or
(5) if execution has been levied against the goods of the grantor under any judgment at law :
Provided that the grantor may, within 5 days from the seizure or taking possession of any chattels on account of any of the above-mentioned causes, apply to the Court or Judge who may, if satisfied that, by payment of money or otherwise, the said cause of seizure no longer exists, restrain the grantee from removing or selling the said chattels or may make such other order as may seem just.
16. A bill of sale made or given by way of security for the payment of money by the grantor thereof shall be void unless made in accordance with the form 2 in the 1st schedule.
**
17. Every bill of sale made or given in consideration of any sum under 150 dollars shall be void.
18. All personal chattels seized or of which possession is taken under or by virtue of any bill of sale shall remain on the premises where they were so seized or so taken possession of, and shall not be removed or sold until after the expiration of 5 clear days from the day they were so seized or so taken possession of.
19. A bill of sale to which this Ordinance applies shall be no protection in respect of personal chattels included in such bill of sale which, but for such bill of sale, would have been liable to distress under a warrant or order for the recovery of rates and taxes.
20. (1) The Registrar shall keep a book (in this Ordinance called the "register") for the purposes of this Ordinance, and
* As amended by No. 50 of 1911.
† As amended by No. 62 of 1911.
§ As amended by No. 50 of 1911 and No. 62 of 1911.
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BILLS OF SALE.
No. 7 of 1886.
347
(1) if the grantor makes default in payment of the sum or sums of money thereby secured at the time therein provided for payment or in the performance of any covenant or agreement contained in the bill of sale and necessary for maintaining the security; or
(2) if the grantor becomes a bankrupt or suffers the said goods or any of them to be distrained for rent, rates, or taxes; or
(3) if the grantor fraudulently either removes or suffers the said goods or any of them to be removed from the premises; or
(4) if the grantor does not, without reasonable excuse, upon demand in writing by the grantee, produce to him his last receipts for rent, rates, and taxes; or
(5) if execution has been levied against the goods of the grantor under any judgment at law :
Provided that the grantor may, within 5 days from the seizure or taking possession of any chattels on account of any of the above- mentioned causes, apply to the Court or Judge who may, if satisfied that, by payment of money or otherwise, the said cause of seizure no longer exists, restrain the grantee from removing or selling the said chattels or may make such other order as may seem just.
16. A bill of sale made or given by way of security for the payment of money by the grantor thereof shall be void unless made in accordance with the form 2 in the 1st schedule.
Form of [45 & 46 Vict.
bill of sale.
c. 43 s. 9.]
**
17. Every bill of sale made or given in consideration of any sum Avoidance of under 150 dollars shall be void.
bill of sale under $150. lib. s. 12.]
situation and
18. All personal chattels seized or of which possession is taken Rule as to under or by virtue of any bill of sale shall remain on the premises sale of where they were so seized or so taken possession of, and shall not chuttels. be removed or sold until after the expiration of 5 clear days from + the day they were so seized or so taken possession of.
chattels
19. A bill of sale to which this Ordinance applies shall be no Bill of sale protection in respect of personal chattels included in such bill of not to protect sale which, but for such bill of sale, would have been liable to against rates distress under a warrant or order for the recovery of rates and [ib. s. 14.] taxes.
and taxes.
20. (1) The Registrar shall keep a book (in this Ordinance Form of called the register") for the purposes of this Ordinance, and 141 & 42 Vict.
* As amended by No. 50 of 1911.
As amended by No. 62 of 1911.
§ As amended by No. 50 of 1911 and No. 62 of 1911.
register.
c. 31 s. 12.]
§
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AH 20
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