Victorian Current Acts Victorian Current ActsTo every purchaser who is indebted to the Company at the date of the commencement of this Act in respect of any portion of his purchase money the Company shall issue stock in the form set out in the Second Schedule to this Act, and the Company shall have a first and paramount lien upon such stock for all unpaid purchase money (without interest) whether the period for payment has actually arrived or not and no equitable interest in any such stock shall be created except upon the footing and condition that section fourteen hereof is to have full effect and such lien shall extend to all dividends from time to time declared in respect of such stock. Save as aforesaid no such purchaser shall be under any liability to the Company in respect of any unpaid purchase money but any such purchaser shall have the option at any time of paying to the Company such unpaid purchase money or any part thereof. Upon payment or satisfaction of the whole of the unpaid purchase money and upon delivery up of such stock to be cancelled the Company shall issue to the purchaser stock in the form set out in the First Schedule to this Act.