29Deed required to be registered under Act to be void against claimant for valuable consideration under subsequent deed if latter first registered

29 Deed required to be registered under Act to be void against claimant for valuable consideration under subsequent deed if latter first registered

Every deed required to be registered as aforesaid by which lands, or money subject to be invested in the purchase of lands, shall be disposed of under this Act, shall, when registered as required by this Act, operate and take effect in the same manner as it would have done if the registration thereof had not been required, except that every such deed shall be void against any person claiming the lands or money thereby disposed of, or any part thereof, for valuable consideration, under any subsequent deed duly registered under this Act, if such subsequent deed shall be first registered.