COMMONWEALTH BANKS RESTRUCTURING ACT 1990 - SECT 71 Registration of interests in land

COMMONWEALTH BANKS RESTRUCTURING ACT 1990 - SECT 71

    Where:

  (a)   under this Part, land that is situated in a State or Territory, or an interest in such land, becomes land, or an interest in land, of the Commonwealth Bank; and

  (b)   there is lodged with the Registrar of Titles or other proper officer of the State or Territory in which the land is situated a certificate that:

  (i)   is signed by an authorised person; and

  (ii)   identifies the land or interest, whether by reference to a map or otherwise; and

  (iii)   states that the land or interest has, under this section, become land, or an interest in land, of the Commonwealth Bank;

the officer with whom the certificate is lodged may:

  (c)   register the matter in like manner to the manner in which dealings in land or interests in land of that kind are registered; and

  (d)   deal with, and give effect to, the certificate.