Document ID: chunk:federal_register_of_legislation:C2016C00568:clause:2_362
Version: federal_register_of_legislation:C2016C00568
Segment Type: clause
Provision Reference: sch 2 cl 362
Character Range: 121196–122049

362  Certificates relating to vesting of assets (other than land) in the Norfolk Island Regional Council
(1) This item applies if:
 (a) any asset other than land vests in the Norfolk Island Regional Council under item 358; and
 (b) there is lodged with an assets official a certificate that:
 (i) is signed by the responsible Commonwealth Minister; and
 (ii) identifies the asset; and
 (iii) states that the asset has become vested in the Norfolk Island Regional Council under this Schedule.
(2) The assets official may:
 (a) deal with, and give effect to, the certificate as if it were a proper and appropriate instrument for transactions in relation to assets of that kind; and
 (b) make such entries in the register as are necessary having regard to the effect of this Part.
(3) A certificate under paragraph (1)(b) is not a legislative instrument.