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Part 11 · Construction and Effect of Deeds Andother Instruments

66. Receipt in deed or endorsed evidence for subsequent purchaser

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(1)

A receipt for consideration money or other consideration in the body of a deed or endorsed thereon shall, in favour of a subsequent purchaser not having notice that the money or other consideration thereby acknowledged to be received was not in fact paid or given, wholly or in part, be sufficient evidence of the payment or giving of the whole amount thereof.

(2)

This section shall apply to deeds executed before, on or after 1 August 1886.

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