Section 235: Registration of liens on bonds.

(1) The registrar may register a lien on any registered bond in accordance with such provisions as are prescribed by the rules and regulations of a securities exchange or capital trade point and on the payment of the prescribed fees.
(2) As from the commencement of the Act, a lien which is registered under this section of this Act shall have priority over any lien not so registered or which is registered subsequent thereto.