Stamp Duties Act, 1968 (Act 77 of 1968)
R 385
Insolvency Act, 1936 (Act No. 24 of 1936)87. Ranking of mortgages for future debts |
Priority under any mortgage bond to secure the payment of future debts shall depend on the date of the registration of that mortgage bond, and not on the date upon which any such debt comes into existence.
