74Certificate signed by the Head, Transport for Victoria

74 Certificate signed by the Head, Transport for Victoria

S. 74(1)
amended by Nos 61/2011 s. 25(Sch. 1 item 8.38(b)), 3/2017 s. 50(Sch. 1 item 6.19), 49/2019 s. 186(Sch. 4 item 35.42(a)).

(1) A certificate signed by the Head, Transport for Victoria certifying that assets of the transferor specified in the certificate have been allocated under an allocation statement in accordance with section 71 is, unless revoked under subsection (2), conclusive evidence that the assets—

(a) have been so allocated; and

(b) vested in the transferee on the relevant date.

S. 74(2)
amended by Nos 61/2011 s. 25(Sch. 1 item 8.38
(c)(d)), 3/2017 s. 50(Sch. 1 item 6.19), 49/2019 s. 186(Sch. 4 item 35.42).

(2) If the Minister so directs the Head, Transport for Victoria in writing, the Head, Transport for Victoria must revoke a certificate given under subsection (1) by issuing another certificate in place of the first certificate.

S. 74(3)
amended by Nos 61/2011 s. 25(Sch. 1 item 8.38(e)), 3/2017 s. 50(Sch. 1 item 6.19), 49/2019 s. 186(Sch. 4 item 35.42(b)).

(3) The Head, Transport for Victoria—

(a) must keep a register of certificates issued under this section; and

(b) must make the register reasonably available for inspection by a transferee or other interested person.

S. 75
inserted by No. 98/1998 s. 15, amended by Nos 61/2011 s. 25(Sch. 1 item 8.39), 3/2017 s. 50(Sch. 1 item 6.17), 49/2019 s. 186(Sch. 4 item 35.43).