Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 601WCC

Certificates in relation to other assets

  (1)   If:

  (a)   an asset (other than land or an interest in land) becomes, under this Part, an asset of the receiving company; and

  (b)   there is lodged with the person or authority who has, under a law of the Commonwealth, a State or a Territory, responsibility for keeping a register in respect of assets of that kind a certificate that:

  (i)   is signed by a person authorised under section   601WCI; and

  (ii)   identifies the asset; and

  (iii)   states that the asset has, under this Part, become an asset of the receiving company;

that person or authority may:

  (c)   register the matter in the same manner as transactions in relation to assets of that kind are registered; and

  (d)   deal with, and give effect to, the certificate.

  (2)   This section does not affect the operation of:

  (a)   other provisions of this Act; or

  (b)   if the regulations prescribe provisions of one or more other Acts--those provisions of those Acts.


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