Real Property (Commonwealth Titles) Act 1924

Where any land of which a Commonwealth authority is the registered proprietor is by or pursuant to any Act of the Commonwealth vested in another Commonwealth authority (hereinafter called the transferee authority) the transferee authority may apply to the Registrar-General to register it as the transferee of the land.

The Commonwealth authority so applying shall furnish the Registrar with a certificate signed by a responsible officer of the authority stating the volume and folium or number of the certificate or other instrument of title to the said land and certifying that the land has become vested in the transferee authority, and specifying the Act under which it became so vested.

The Registrar-General, if he is satisfied as to the title to the land of the transferee authority, may deal with and give effect to the application as if it were a duly executed and stamped memorandum of transfer of the land to the transferee authority, lodged for registration on the day on which the application was received by the Registrar‑General.

No fees shall be payable to the Registrar-General in respect of any application, registration or other act or matter done under this section for the purpose of procuring the registration of the Commonwealth Trading Bank of Australia as the registered proprietor of land previously vested in the Commonwealth Bank of Australia.

Without limiting the operation of any other provision of this Act, it is declared that the word land in this section includes any mortgage of, or other estate or interest in, land.