211Provision for re-registration explained

211 Provision for re-registration explained Where by this Act re-registration of executions is required within five years in order to bind purchasers mortgagees and creditors, it shall be deemed sufficient to bind such purchasers mortgagees and creditors if such a memorandum as is required in the first instance is again left with the Registrar-General within five years before the execution of the conveyance settlement mortgage lease transfer or other instrument vesting or transferring the legal or equitable right title estate or interest in or to any such purchaser or mortgagee for valuable consideration, or as to creditors within five years before the right of such creditors accrued; although more than five years have expired by effluxion of time since the last previous registration before such last-mentioned memorandum was left; and so toties quoties upon every re-registration. No. 3754 s. 212.