Priority according to registration
4A Priority according to registration
All deeds affecting any land, estate or interest in land, or other property, in the Territory which are executed or made in good faith and for valuable consideration and are registered under this Act, shall have priority according to the sequence of their registration only.
Note The Personal Property Securities Act 2009 (Cwlth) (PPS Act) regulates certain interests in personal property. This Act has no effect to the extent it is inconsistent with the PPS Act.
A deed registered under this Act shall not lose any priority to which it would otherwise be entitled by reason only of bad faith in the conveying party if the party beneficially taking under that deed acted in good faith and there was valuable consideration given.
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