Section 1 Exemption of securities on imported goods from 41 & 42 Vict. c. 31 and 45 & 46 Vict. c. 43.F1

An instrument charging or creating any security on or declaring trusts of imported goods given or executed at any time prior to their deposit in a warehouse, factory, or store, or to their being reshipped for export, or delivered to a purchaser not being the person giving or executing such instrument, shall not be deemed a bill of sale within the meaning of the Bills of Sale Acts 1878 and 1882.