New South Wales Consolidated Acts

BANK INTEGRATION ACT 1992 - SECT 16

16 Certificates evidencing operation of Act etc

(1) An authorised person may, by certificate signed by that person, certify any matter in relation to the operation or effect of this Act and, in particular, may certify that:

(a) a specified matter or thing relevant to the receiving bank is an aspect of the operation or effect of this Act, or

(b) a specified thing was done for a purpose connected with, or arising out of, the operation or effect of this Act in relation to the receiving bank, or

(c) a specified asset of the transferring bank has become a transferred asset of the receiving bank, or

(d) a specified liability of the transferring bank has become a transferred liability of the receiving bank.

(2) For all purposes and in all proceedings, a certificate under subsection (1) is conclusive evidence of the matters certified, except to the extent that the contrary is established.