Paragraph 4

Notwithstanding the repeal by the Act of 1969 of section 331 of the Irish Bankrupt and Insolvent Act 1857 1857 c.60 a judgment creditor who under the provisions of sections 6 and 7 of the Judgment Mortgage (Ireland) Act 1850 had before 15th February 1971 registered an affidavit of his judgment shall not thereby be entitled, in the event of the bankruptcy of the person against whom that judgment has been registered, to any priority or preference over simple contract creditors unless such affidavit had been registered three months before the filing of the bankruptcy petition.