25Certificates in relation to other assets

25 Certificates in relation to other assets

(1) Where: (a) an asset (other than an interest in land) becomes, under this Act, an asset of a receiving bank; 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 an authorised person; and (ii) identifies the asset; and (iii) states that the asset has, under this Act, become an asset of the receiving bank; 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 operations of the Corporations Act 2001.