If within the said
period of 48 hours a properly perfected instrument effecting the proposed
dealing be duly lodged for registration such instrument shall have priority
over any other instrument which may be lodged for registration after the time
mentioned in the search certificate and the same shall be registered
notwithstanding any caveat, court order or application by assignee in
bankruptcy which may have been lodged with the Authority after the time
mentioned in such search certificate.
[Section 149 amended: No. 81 of 1996 s. 90; No. 59
of 2004 s. 140; No. 60 of 2006 s. 118(1).]