Judiciary Amendment Act 2015 (64 of 2015)

Schedule 3   Transitional arrangements

Part 3   Transfer of assets and liabilities

Division 3   General provisions

8   Certificates for vesting of assets other than land

(1) This item applies if:

(a) an asset other than land vests in the Commonwealth under this Part; and

(b) there is lodged with an assets official a certificate that:

(i) is signed by the Minister; and

(ii) identifies the asset; and

(iii) states that the asset has become vested in the Commonwealth under this Part.

(2) The assets official may:

(a) deal with, and give effect to, the certificate as if it were a proper and appropriate instrument for transactions in relation to assets of that kind; and

(b) make such entries in the register in relation to assets of that kind as are necessary, having regard to the effect of this Part.

(3) A certificate made under subitem (1) is not a legislative instrument.