Corporations Act 2001

CHAPTER 5D - LICENSED TRUSTEE COMPANIES  

PART 5D.6 - ASIC-APPROVED TRANSFERS OF ESTATE ASSETS AND LIABILITIES  

Division 3 - 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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