Avoidance of certain duplicate bills of sale

Where a subsequent bill of sale is executed within or on the expiration of twenty-one days after the execution of a prior unregistered bill of sale, and comprises all or any part of the personal chattels comprised in the prior bill of sale, then, if the subsequent bill of sale is given as a security for the same debt as is secured by the prior bill of sale, or for any part of that debt, it shall, to the extent of which it is a security for the same debt or part thereof, and so far as respects the personal chattels or part thereof comprised in the prior bill, be absolutely void, unless it is proved to the satisfaction of the court having cognisance of the case that the subsequent bill of sale was given in good faith for the purpose of correcting some material error in the prior bill of sale, and not for the purpose of evading this Act.