Document ID: chunk:federal_register_of_legislation:C2004A01041:clause:1b_120
Version: federal_register_of_legislation:C2004A01041
Segment Type: clause
Provision Reference: sch 1B cl 120
Character Range: 172877–173573

120  Certificates in relation to charges

  Where:
 (a) a newly registered organisation becomes, under this Division, the holder of a charge; and
 (b) a certificate that:
 (i) is signed by an authorised person; and
 (ii) identifies the charge; and
 (iii) states that the newly registered organisation has, under this Division, become the holder of the charge;
  is lodged with the Australian Securities and Investments Commission;
that Commission may:
 (c) register the matter in the same way as assignments of charges are registered; and
 (d) deal with, and give effect to, the certificate as if it were a notice of assignment of the charge that had been properly lodged with that Commission.