Document ID: chunk:federal_register_of_legislation:C2018A00004:clause:7_16
Version: federal_register_of_legislation:C2018A00004
Segment Type: clause
Provision Reference: sch 7 cl 16
Character Range: 15761–17424

16  Certificates relating to vesting of assets
(1) If land vests in the Commonwealth under this Part and the Treasury Minister signs a certificate that:
 (a) identifies the land, whether by reference to a map or otherwise; and
 (b) states that the land has become vested in the Commonwealth under this Part; and
 (c) is lodged with the Registrar of Titles or other proper officer of the State or Territory in which the land is situated;
the Registrar or other officer may:
 (d) register the matter in a way that is the same as, or similar to, the way in which dealings in land of that kind are registered; and
 (e) deal with, and give effect to, the certificate.
(2) If an asset other than land vests in the Commonwealth under this Part and the Treasury Minister signs a certificate that:
 (a) identifies the asset; and
 (b) states that the asset has become vested in the Commonwealth under this Part; and
 (c) is lodged with the person or authority who has responsibility for keeping a register in relation to assets of that kind (whether under a law of the Commonwealth, a State or a Territory, a trust instrument or otherwise);
the person or authority may:
 (d) 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
 (e) make such entries in the register as are necessary, having regard to the effect of this Part.
(3) A document that appears to be a certificate made under this item is taken, unless the contrary is established, to be such a certificate and to have been properly made.
(4) A certificate made under this item is not a legislative instrument.