(1) The Registrar
shall register an instrument presented for registration in the order, and from
the time, of its presentation.
(2) Instruments
purporting to affect the same estate or interest have priority as between each
other according to the time of registration and not according to the date of
the instrument, notwithstanding any actual or constructive notice.
[Section 53 inserted: No. 81 of 1996 s. 27.]