130Certificates in relation to other assets

130 Certificates in relation to other assets

(1) If:

(a) an asset (other than land or an interest in land) becomes, under this Division, an asset of a body corporate (the receiving body); 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 issued by the Reserve Bank; and

(ii) identifies the asset; and

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

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 the Corporations Act 2001; or

(b) if the rules prescribe provisions of one or more other Acts—those provisions of those Acts.