Financial Sector (Transfer and Restructure) Act 1999

PART 5 - EVIDENTIARY CERTIFICATES  

SECTION 39   CERTIFICATES IN RELATION TO OTHER ASSETS  

39(1)    
If:

(a) an asset (other than land or an interest in land) becomes, under this Act, an asset of a receiving body; and

(b) there is lodged with the person or authority who has, under a law of the Commonwealth, a State or a Territory, responsibility for keeping a register in respect of assets of that kind a certificate that:

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

(ii) identifies the asset; and

(iii) states that the asset has, under this Act, become an asset of the receiving body;

that person or authority may:

(c) register the matter in the same manner as transactions in relation to assets of that kind are registered; and

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

39(2)    

This section does not affect the operations of the Corporations Act 2001 .