Certain instruments giving powers of distress or levy to be subject to this Act

Every attornment, instrument or agreement, not being a mining lease, whereby a power of distress or levy is given or agreed to be given by any person to any other person by way of security for any present, future or contingent debt or advance, and whereby any rent is reserved or made payable as a mode of providing for the payment of interest on that debt or advance, or otherwise for the purpose of the security only, shall be deemed to be a bill of sale within the meaning of this Act of any personal chattels which may be seized or taken under the power of