Australian National Railways Commission Sale Act 1997

This section applies if:

an asset other than land vests in a specified transferee under section 67AE or 67AM; and

there is lodged with an assets official a certificate that:

is signed by the Minister for Finance, or a person authorised by the Minister for Finance, in writing, for the purposes of this section; and

identifies the asset; and

states that the asset has become vested in the specified transferee under section 67AE or 67AM, as the case requires.

The assets official may:

deal with, and give effect to, the certificate as if the certificate were a proper and appropriate instrument for transactions in relation to assets of that kind; and

make such entries in the register as are necessary having regard to the effect of section 67AE or 67AM.

A document that appears to be a certificate under subsection (1) is taken to be such a certificate and to have been properly given unless the contrary is established.

In this section:

assets official means the person or authority who, under a law of the Commonwealth, a State or a Territory, has responsibility for keeping a register in relation to assets of the kind concerned.