Financial Sector (Transfer and Restructure) Act 1999
An authorised APRA officer may, by signed writing, make a certificate certifying any matter in relation to the operation or effect of this Act and, in particular, may certify that:
(a) a specified matter or thing relevant to a receiving body is an aspect of the operation or effect of this Act; or
(b) a specified thing was done for a purpose connected with, or arising out of, the operation or effect of this Act in relation to that receiving body; or
(c) in the case of a transfer of business - a specified asset of the transferring body has become a transferred asset of that receiving body; or
(d) in the case of a transfer of business - a specified liability of the transferring body has become a transferred liability of the receiving body; or
(e) in the case of a transfer of shares - a specified share in the transferring body has become a share held by that receiving body.
View history note
Hide history note37(2)
For all purposes and in all proceedings, a certificate under subsection (1) is conclusive evidence of the matters certified, except to the extent that the contrary is established.
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