308Certificate of chief executive officer

308 Certificate of chief executive officer (1) A certificate signed by the chief executive officer of the VMIA certifying that property, rights or liabilities of the VMIA specified in the certificate have vested in or have become liabilities of the Authority under this Division is, unless revoked under subsection (2), conclusive evidence— (a) that the property or rights have so vested or the liabilities have become liabilities of the Authority; and (b) that the property or rights have so vested or the liabilities have become liabilities of the Authority on the commencement date. (2) If the VMIA Minister by written notice directs the chief executive officer of the VMIA to revoke a certificate issued under subsection (1), the chief executive officer must revoke the certificate by issuing another certificate in place of it. (3) The chief executive officer of the VMIA— (a) must keep a register of certificates issued under this section; and (b) must make the register reasonably available for inspection by the Authority. S. 309 inserted by No. 17/2025 s. 10.