Neither an agricultural charge, nor a registered debenture issued by an agricultural society, is a bill of sale within the Bills of Sale Acts 1878 and 18821. Charges in relation to one another have priority in accordance with the times at which they are respectively registered2.
When an agricultural charge creating a floating charge has been made and remains in force, an agricultural charge purporting to create a fixed charge on, or a bill of sale comprising, any of the property comprised in the floating charge is void as respects such property3.
When a farmer4 made bankrupt has within three months
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