Corporations Act 2001
CHAPTER 5D
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LICENSED TRUSTEE COMPANIES
If:
(a) the receiving company becomes, under this Part, 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:
(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.
PART 5D.6
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ASIC-APPROVED TRANSFERS OF ESTATE ASSETS AND LIABILITIES
Division 3
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Other matters related to the transfer of estate assets and liabilities
SECTION 601WCB
601WCB
CERTIFICATES IN RELATION TO LAND AND INTERESTS IN LAND
If:
(a) the receiving company becomes, under this Part, 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 ASIC officer; and
(ii) identifies the land or interest; and
(iii) states that the receiving company has, under this Part, 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.
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