Section 23

Section 9 shall apply to the seizing or taking possession of and sale of chattels comprised in any instruments of transfer, mortgage, charge, release or surrender registered under the Hire

Purchase Registration Ordinance [Cap. 71 (1958 Ed.)] prior to the 1st day of June, 1949.

17

FIRST SCHEDULE

(Section 7)

BILL OF SALE

This Indenture made the day of , 19 , between A.B. of of the one part and C.D. of of the other part, WITNESSETH that in consideration of the sum of ringgit now paid to the said A.B. by the said C.D. (the receipt whereof the said A.B.

acknowledges) (or whatever else the consideration may be) he the said A.B. does hereby assign unto the said C.D. all and singular the several chattels and things specified in the Schedule hereto annexed by way of security for the payment of the sum of ringgit and interest thereon at the rate of per cent per year, and the said A.B. does hereby agree that he will duly pay to the said

C.D. the principal sum aforesaid, together with the interest then due, by equal payments of ringgit on the day of (or whatever else may be the stipulated time or times of payment);

and the said A.B. does also agree with the said C.D. that he will (here insert terms as to insurance, payment of rent or otherwise, which the parties may agree to for the maintenance or defeasance of the security).

Provided always that the chattels hereby assigned shall not be seized or taken possession of or sold except with the consent of the grantor or under an order of a court.

In Witness, etc.

Signed and sealed by the said

A.B. in the presence of me,

E.F. (add witness’s name, address and description), after I had fully explained to the said A.B. the nature and effect hereof.

SECOND SCHEDULE

(Section 12)

Form 1

(1958 Ed.).

CERTIFICATE OF TRANSFER OF BILL OF SALE

I, of , do certify that a bill of sale bearing date the day of , 19 , and made between

(insert the names, addresses and description of the parties to the original bill of sale) of the one part and of the other part, of which a copy was registered on the day of , 19 , at as instrument No. , (and which was last registered on the day of , 19 , is still a subsisting security and was by an indenture bearing date the day of

, 19 , transferred to of , which said indenture is now produced and shown to me marked

Signed at the day of , 19

in the presence of

19

Form 2

(Section 13)

(1958 Ed.).

CERTIFICATE OF RENEWAL OF REGISTRATION

I, of , do certify that a bill of sale bearing date the day of , 19 , and made between

(insert the names, addresses and descriptions of the parties to the original bill of sale) of the one part and of the other part, of which a copy was registered on the day of , 19 , at as instrument No. , is still a subsisting security.

Signed at the day of , 19

in the presence of