§ A transfer or charge on registered land for valuable consideration shall, when registered, exempt the land in the hands of the transferee or mortgagee, and of every person claiming in his right from all liability in respect of succession duty not then due and payable, notwithstanding that he may have had actual or constructive notice thereof, and the liability for duty shall attach instead to the money arising from the sale or mortgage, and to all investments thereof.
§ THE ATTORNEY GENERALmoved to leave out the clause.
§ Motion agreed to; clause struck out.
§ Clause 20,—