Financial Sector (Transfer and Restructure) Act 1999

PART 5 - EVIDENTIARY CERTIFICATES  

SECTION 38  

38   CERTIFICATES IN RELATION TO LAND AND INTERESTS IN LAND  
If:


(a) a receiving body becomes, under this Act, the owner of land, or of an interest in land, that is situated in a State or Territory; and


(b) there is lodged with the Registrar of Titles or other appropriate officer of the State or Territory in which the land is situated a certificate that:


(i) is signed by an authorised APRA officer; and

(ii) identifies the land or interest; and

(iii) states that the receiving body has, under this Act, become the owner of that land or interest;

the officer with whom the certificate is lodged may:


(c) register the matter in the same manner as dealings in land or interests in land of that kind are registered; and


(d) deal with, and give effect to, the certificate.




This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.