Movrnm Cap. 14:35 PnopERTy No.9l?fi17 $rcurutv lNruRssrs ,**Slj*"':;ffi [l"*ffiffi Sft*:[tri.#]i: (No. of 2AL7).', 9 14 :351 (5) The Grain MarketingAct tClnpter 18:141is amendd in paragraph 22 of the Schedule by ttre deletion of "To pledge as security for any loan" and the substitution of 'To pledge as security for any loan or to ct€ate a security interest in". (6) The Tobacco Indusry and Marteting ActlClnpter l8:2Al is amended in of pools") by the deletion of 'lledge as security'' and the as s*urity or create a security interest inn'. substitution of "pledge section 6l (*Fstablishment (7) The Deed$ Registries ActlChapter 20:051is amended(a) in section 5 ('Duties of regisrars") by the repeal of paragraphs (i), G) and (l); (b) in section 12 ("Regisuation the deletion of lard or real right in favour of trustee') by and "or the rights under such notarial of"or a notarial bond" bond": (c) (d) in section 47 ('Exclusion of general clause in mortgap bonds") by the deletion of ", and shall not register any notarial bond which purports to bind immovable property"; in swtion 48 ('Passing of bonds in favour of agents")(i) in zubsection (l) by the deletion of "or notarial bond"; (ii) in subsection (7), in the definition of *participatioo bond", by the deletion of "or notarial bond"; (e) by the repeal of section 55; (0 by the repeal of section 69 and the substitution "69 of- No hypothecation of leases and sub-leases No hypdhecationof aleaseorsublease tbat is imnpvable propefiy shall be registered in a deeds rcgstry unless such hypothecation is effected by means of a mortgage bond."; (g) in section 73 ('Ttansfer of immovable ineertion property by executot'') by the of the following subsection, the existing section becoming subsection (l)- "(2) For the avoidance of doubt it is declarcd that, in relation to cessions of notarial bonds by executors, subsection (1) applies only to such bonds registered with a deeds rcgistry before the date of commencement of ttre Movable Prope*y Security Interests Act lChapter 14:351(No.9 of 201?).'. (S) The Coarpanies Act{Clwpter 24:aI is amerded in* (a) section 106 ('Creation andregisration of debentures")(i) by the deletion ftrom subsection (l) of "movable o1'; (ii) by the repeal of subsetions (2) and (4); (iii) by tre repeal of subsection (5) ard &e substitution of the following"(5) Registration of such mortgage bonds and cancellation or cession thereof in whole or in part shall be effected in accordance with the regulations and practice of the Deeds Regisuy relating to mortgage bonds and when so registered $uch mortgage bonds strall, as from the date of registration, subject to any prior rights arising out of any bond or debenture previously registered or out of any legal hypothec or right of retention, 155