CAP. 201
Renewal of registration.
1878 c. 31. s. 11.
Schedule, Form 1.
Bills of Sale
[1986 Ed.
in any place outside of Hong Kong, and the attestation shall state that before the execution of the bill the effect thereof has been explained to the grantor by the attesting solicitor or Commissioner, as the case may be; (Replaced, 55 of 1967, s. 4)
(b) the bill, with every schedule or inventory thereto annexed or therein referred to, and also a true copy of the bill, and of every such schedule or inventory, and of every attestation of the execution of the bill, together with an affidavit of the time of the bill being made or given and of its due execution and attestation, 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 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 the bill shall be presented to, and the said copy and affidavit shall be filed with, the Registrar within 7 clear days after the making or giving of the bill; and
(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 2 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.
10. (1) The registration of a bill of sale must be renewed once at least every 5 years, and if a period of 5 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. (Amended, 51 of 1911, and 62 of 1911, Schedule)
(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 Form 1 in the Schedule. (Amended, 50 of 1911, s. 4)
(4) A renewal of registration shall not become necessary by reason only of a transfer or assignment of a bill of sale.
6
CAP. 201
Renewal of registration.
1878 c. 31. s. 11.
Schedule, Form 1.
Bills of Sale
[1986 Ed.
in any place outside of Hong Kong, and the attestation shall state that before the execution of the bill the effect thereof has been explained to the grantor by the attesting solicitor or Commissioner, as the case may be; (Replaced, 55 of 1967, s. 4)
(b) the bill, with every schedule or inventory thereto annexed or therein referred to, and also a true copy of the bill, and of every such schedule or inventory, and of every attesta- tion of the execution of the bill, together with an affidavit of the time of the bill being made or given and of its due execution and attestation, 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 execution of any process, then a des- cription of the residence and occupation of the person against whom such process issued), and of every attesting witness to the bill shall be presented to, and the said copy and affidavit shall be filed with, the Registrar within 7 clear days after the making or giving of the bill; and
(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 2 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.
10. (1) The registration of a bill of sale must be renewed once at least every 5 years, and if a period of 5 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. (Amended, 51 of 1911, and 62 of 1911, Schedule)
(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 Form 1 in the Schedule. (Amended, 50 of 1911, s. 4)
(4) A renewal of registration shall not become necessary by reason only of a transfer or assignment of a bill of sale.
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