Certificates in relation to assets
19 Certificates in relation to assets
This section applies if:
an asset vests in Dairy Australia Limited under this Division; and
there is lodged with an assets official a certificate that:
is signed by the Minister; and
identifies the asset; and
states that the asset has become vested in Dairy Australia Limited under this Division.
The assets official may:
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
make such entries in the register as are necessary having regard to the effect of this Division.
In this section:
assets official means the person or authority who, under a law of the Commonwealth, a State or a Territory, under a trust instrument or otherwise, has responsibility for keeping a register in relation to assets of the kind concerned.
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