WATER ACT 2007 - SECT 239H Certificates relating to vesting of assets other than land etc.

WATER ACT 2007 - SECT 239H

  (1)   This section applies if:

  (a)   any transitional asset other than a real property asset vests in the Authority under this Part; and

  (b)   there is lodged, with the person or authority who, under a law of the Commonwealth, a State or a Territory, under a trust instrument or otherwise, has responsibility for keeping a register in relation to assets of the kind concerned, a certificate that:

  (i)   is signed by the Minister; and

  (ii)   identifies the transitional asset; and

  (iii)   states that the transitional asset has become vested in the Authority under this Part.

  (2)   The person or authority may:

  (a)   deal with, and give effect to, the certificate as if it were a proper and appropriate instrument for transactions in relation to assets of that kind; and

  (b)   make such entries in the register as are necessary having regard to the effect of this Part.

  (3)   A certificate made under paragraph   (1)(b) is not a legislative instrument .