33ZBCertificates in relation to other assets

33ZB Certificates in relation to other assets

If: (a) an asset (other than an asset in relation to which section 33V, 33W, 33X or 33Y applies) becomes, under this Part, an asset of the receiving subsidiary; and (b) a certificate that: (i) is signed by an authorised person; and (ii) identifies the asset; and (iii) states that the asset has, under this Part, become an asset of the receiving subsidiary; is given to the person or authority who has, under the law of the Commonwealth or of a State or Territory, responsibility for keeping a register in relation to assets of that kind; the person or authority may: (c) deal with, and give effect to, the certificate as if the certificate were a proper and appropriate instrument for transactions in relation to assets of that kind; and (d) make such entries in the register as are necessary having regard to the effect of section 33H.