4.5 Registration effects
As said, legal protection against third parties is obtained by registration. The basic rule in MC Section 23 is not amended: time of registration (as said above) is decisive, with important qualifications in Regulation 593/1992 Section 28 for paper documents related to office hours (see 4.7 below). By contrast, electronic documents “may be delivered outside office hours” (paragraph three, as amended in 2018). In other words, electronic registration is possible at any time. The rule on priority for execution liens and arrest is not amended, nor is the rule on registration one day before declaration of bankruptcy in order to be protected.