Section 4
SEC. 4. Any sale, mortgage, lease, charter, delivery, transfer, or agreement therefor, made in violation of section one of this Act shall be void, whether made within or without the Philippines, and any consideration paid therefor or deposited in connection therewith shall be recoverable at the suit of the person who has paid or deposited the same, or of his successors or assigns, after the tender of such vessel, shipyard, drydock, ship-building or ship-repairing plant or facilities, or interest therein, or of such stocks, bonds or other securities, to the persons entitled thereto, or after forfeiture thereof to the Government of the Philippines, unless the person to whom the consideration was paid, or in whose interest it was deposited, entered into the transaction in the honest belief that the person who paid or deposited such consideration was a citizen of the United States or of the Philippines. The provisions of this section shall apply to any sale, mortgage, lease, charter, delivery, transfer, or agreement therefor, which on the date of the approval of this Act was not registered in accordance with law,