Section 13
Renewal of registration
of Bills of Sale Ordinance, 1958
State OrdinanceIn forceProvision 12 of 21
Section 13
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(1)
The registration of a bill of sale shall be renewed once at least every twelve calendar months, and if a period of twelve calendar months 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.
(2)
The renewal of a registration shall be effected by filing with the Registrar a certificate in Form 2 in the Second Schedule, stating the date of the bill of sale and of the 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.