Document ID: chunk:federal_register_of_legislation:F2023C00203:clause:2_7
Version: federal_register_of_legislation:F2023C00203
Segment Type: clause
Provision Reference: sch 2 cl 7
Character Range: 657100–657881

7  Certificates relating to vesting of assets (other than land) in the Administration
(1) This item applies if:
 (a) any asset other than land vests in the Administration under item 4; 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 Administration under this Part.
(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.

Division 3—Transfer of other matters relating to the Bureau