Malaysia legislation
Section 10
Section 10
(2)
The execution by the grantor of every bill of sale shall be attested—
(a)
by a Magistrate; or
(b)
by a Registrar, who shall personally explain to the grantor the effect thereof, and the attestation shall state that before the execution of the bill of sale the effect thereof was so explained as aforesaid.
(3)
Such bill, with every schedule or inventory thereto annexed, shall be presented for registration to the Registrar for the district within which the property comprised in the bill of sale is at the time of registration situate within seven clear days after the execution by the grantor of such bill.
(4)
If a true copy of the bill of sale and of every schedule or inventory thereto is not presented to the Registrar at the time of registration, he shall take a true copy thereof and every bill of sale and the true copy thereof shall be signed and sealed by the Registrar.
(5)
The true copy of the bill of sale signed and sealed by the
Registrar shall be filed by the Registrar.
(6)
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 of the bill and shall be written on the same paper therewith before the registration, and shall be truly set forth in the copy filed under this Ordinance and as part thereof, otherwise the registration shall be void.
Priority given by registration