Section 16

In any case in which priority or protection might but for this Act have been given or allowed to any estate or interest in lands by reason or on the ground of that estate or interest being protected by or tacked to any legal or other estate or interest in those lands, no such priority or protection shall after the date of commencement of this Act be so given or allowed to any estate or interest in lands except as against any estate or interest which existed prior to that date.

Full effect shall be given in every court to this provision although the party claiming such priority or protection claims as a purchaser for valuable consideration and without notice.