Corporations Act 2001
CHAPTER 5D
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LICENSED TRUSTEE COMPANIES
(a) an asset (other than land or an interest in land) becomes, under this Part, an asset of the receiving company; 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:
(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. 601WCC(2) [ Section does not affect other provisions]
(a) other provisions of this Act; or
(b) if the regulations prescribe provisions of one or more other Acts - those provisions of those Acts.
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 601WCC
CERTIFICATES IN RELATION TO OTHER ASSETS
601WCC(1)
[
Assets kept on a register]
(a) an asset (other than land or an interest in land) becomes, under this Part, an asset of the receiving company; 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 ASIC officer; and
(ii) identifies the asset; and
(iii) states that the asset has, under this Part, become an asset of the receiving company;
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. 601WCC(2) [ Section does not affect other provisions]
This section does not affect the operation of:
(a) other provisions of this Act; or
(b) if the regulations prescribe provisions of one or more other Acts - those provisions of those Acts.
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