Certificates evidencing operation of Act etc
37 Certificates evidencing operation of Act etc
An authorised APRA officer may, by signed writing, make a certificate certifying any matter in relation to the operation or effect of this Act and, in particular, may certify that:
a specified matter or thing relevant to a receiving body is an aspect of the operation or effect of this Act; or
a specified thing was done for a purpose connected with, or arising out of, the operation or effect of this Act in relation to that receiving body; or
in the case of a transfer of business—a specified asset of the transferring body has become a transferred asset of that receiving body; or
in the case of a transfer of business—a specified liability of the transferring body has become a transferred liability of the receiving body; or
in the case of a transfer of shares—a specified share in the transferring body has become a share held by that receiving body.
For all purposes and in all proceedings, a certificate under subsection (1) is conclusive evidence of the matters certified, except to the extent that the contrary is established.
This Act’s bill:Explanatory memorandumSecond reading speech
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