Nothing in this Act shall be so interpreted as to leave subject to action for recovery of damages as provided in section 152 , or to action of ejectment as provided in section 149 , or to deprivation of the estate or interest in respect to which the purchaser or mortgagee is registered as proprietor, any purchaser or mortgagee in good faith for valuable consideration of registered land on the plea that the purchaser’s or mortgagee’s vendor or mortgagor may have been registered as proprietor through fraud or error, or under any void or voidable instrument, or may have derived from or through a person registered as proprietor through fraud or error, or under any void or voidable instrument, whether that fraud or error consists in wrong description of the boundaries or of the parcels of any land or otherwise.