Financial Sector Reform (Queensland) Act 1999
sec.14Certificates about other assets
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sec.14 Certificates about other assets
This section applies if— an asset, other than land or an interest in land, becomes, under this part, an asset of a receiving body; and there is lodged with the entity who has, under the law, responsibility for keeping a register or record relating to assets of that kind a certificate that— is signed by an authorised APRA officer; and identifies the asset; and states the asset has, under this part, become an asset of the receiving body. The entity may— register or record the matter in the same way as transactions relating to assets of that kind are registered or recorded; and deal with, and give effect to, the certificate. This section does not affect the operation of the Corporations Law . (sec.14-ssec.1) This section applies if— an asset, other than land or an interest in land, becomes, under this part, an asset of a receiving body; and there is lodged with the entity who has, under the law, responsibility for keeping a register or record relating to assets of that kind a certificate that— is signed by an authorised APRA officer; and identifies the asset; and states the asset has, under this part, become an asset of the receiving body. (sec.14-ssec.2) The entity may— register or record the matter in the same way as transactions relating to assets of that kind are registered or recorded; and deal with, and give effect to, the certificate. (sec.14-ssec.3) This section does not affect the operation of the Corporations Law .
- (a) an asset, other than land or an interest in land, becomes, under this part, an asset of a receiving body; and
- (b) there is lodged with the entity who has, under the law, responsibility for keeping a register or record relating to assets of that kind a certificate that— (i) is signed by an authorised APRA officer; and (ii) identifies the asset; and (iii) states the asset has, under this part, become an asset of the receiving body.
- (i) is signed by an authorised APRA officer; and
- (ii) identifies the asset; and
- (iii) states the asset has, under this part, become an asset of the receiving body.
- (i) is signed by an authorised APRA officer; and
- (ii) identifies the asset; and
- (iii) states the asset has, under this part, become an asset of the receiving body.
- (a) register or record the matter in the same way as transactions relating to assets of that kind are registered or recorded; and
- (b) deal with, and give effect to, the certificate.