Wheat Export Marketing Amendment Act 2012 (170 of 2012)
Schedule 2 Amendments relating to Wheat Exports Australia
Part 2 Transitional provisions
Division 2 Transfer of assets and liabilities
27 Certificates for vesting of assets other than land
(1) This item applies if:
(a) an asset other than land vests in the Commonwealth under this Division; and
(b) there is lodged with an assets official a certificate that:
(i) is signed by the Minister; and
(ii) identifies the asset; and
(iii) states that the asset has become vested in the Commonwealth under this Division.
(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 in relation to assets of that kind as are necessary, having regard to the effect of this Division.
(3) A certificate made under subitem (1) is not a legislative instrument.