4Except as otherwise provided in this Act, this Act does not apply to the following:
(a)
a lien, charge or other interest given by rule of law or statute unless the statute provides that this Act applies;
(b)
the creation or transfer of an interest or claim in or under a policy of insurance except the transfer of a right to money or other value payable under a policy of insurance as indemnity or compensation for loss of or damage to collateral;
(b.1)
a transfer of an interest or claim in or under a contract of annuity, other than a contract of annuity held by a securities intermediary for another person in a securities account;
(c)
the creation or transfer of an interest in present or future wages, salary, pay, commission or any other compensation for work or services, the assignment or transfer of which is prohibited by any statute or rule of law;
(d)
the transfer of an unearned right to payment under a contract to a transferee who is to perform the transferor’s obligations under the contract;
(e)
the creation or transfer of an interest in land including a lease;
(f)
the creation or transfer of an interest in a right to payment that arises in connection with an interest in or a lease of land other than an interest in a right to payment evidenced by investment property or an instrument;
(g)
a sale of accounts, chattel paper or goods as part of a sale of the business out of which they arose unless the vendor remains in apparent control of the business after the sale;
(h)
a transfer of accounts made solely to facilitate the collection of accounts for the transferor;
(i)
the creation or transfer of a right to damages in tort;
(j)
Repealed: 1995, c.33, s.1
(k)
a mortgage or sale registered under the Canada Shipping Act (Canada);
(l)
a security agreement governed by an Act of the Parliament of Canada that deals with the rights of parties to the agreement or the rights of third parties affected by a security interest created by the agreement, including any security agreement governed by Part VIII of the Bank Act (Canada).
4Except as otherwise provided in this Act, this Act does not apply to the following:
(a)
a lien, charge or other interest given by rule of law or statute unless the statute provides that this Act applies;
(b)
the creation or transfer of an interest or claim in or under a policy of insurance except the transfer of a right to money or other value payable under a policy of insurance as indemnity or compensation for loss of or damage to collateral;
(b.1)
a transfer of an interest or claim in or under a contract of annuity, other than a contract of annuity held by a securities intermediary for another person in a securities account;
(c)
the creation or transfer of an interest in present or future wages, salary, pay, commission or any other compensation for work or services, the assignment or transfer of which is prohibited by any statute or rule of law;
(d)
the transfer of an unearned right to payment under a contract to a transferee who is to perform the transferor’s obligations under the contract;
(e)
the creation or transfer of an interest in land including a lease;
(f)
the creation or transfer of an interest in a right to payment that arises in connection with an interest in or a lease of land other than an interest in a right to payment evidenced by investment property or an instrument;
(g)
a sale of accounts, chattel paper or goods as part of a sale of the business out of which they arose unless the vendor remains in apparent control of the business after the sale;
(h)
a transfer of accounts made solely to facilitate the collection of accounts for the transferor;
(i)
the creation or transfer of a right to damages in tort;
(j)
Repealed: 1995, c.33, s.1
(k)
a mortgage or sale registered under the Canada Shipping Act (Canada);
(l)
a security agreement governed by an Act of the Parliament of Canada that deals with the rights of parties to the agreement or the rights of third parties affected by a security interest created by the agreement, including any security agreement governed by Part VIII of the Bank Act (Canada).
4Except as otherwise provided in this Act, this Act does not apply to the following:
(a)
a lien, charge or other interest given by rule of law or statute unless the statute provides that this Act applies;
(b)
the creation or transfer of an interest or claim in or under a contract of annuity or policy of insurance except the transfer of a right to money or other value payable under a policy of insurance as indemnity or compensation for loss of or damage to collateral;
(c)
the creation or transfer of an interest in present or future wages, salary, pay, commission or any other compensation for work or services, the assignment or transfer of which is prohibited by any statute or rule of law;
(d)
the transfer of an unearned right to payment under a contract to a transferee who is to perform the transferor’s obligations under the contract;
(e)
the creation or transfer of an interest in land including a lease;
(f)
the creation or transfer of an interest in a right to payment that arises in connection with an interest in or a lease of land other than an interest in a right to payment evidenced by a security or an instrument;
(g)
a sale of accounts, chattel paper or goods as part of a sale of the business out of which they arose unless the vendor remains in apparent control of the business after the sale;
(h)
a transfer of accounts made solely to facilitate the collection of accounts for the transferor;
(i)
the creation or transfer of a right to damages in tort;
(j)
Repealed: 1995, c.33, s.1
(k)
a mortgage or sale registered under the Canada Shipping Act (Canada);
(l)
a security agreement governed by an Act of the Parliament of Canada that deals with the rights of parties to the agreement or the rights of third parties affected by a security interest created by the agreement, including any security agreement governed by Part VIII of the Bank Act (Canada).