Where:
(a) under section 206 or 207, or under section 208 of this Act as previously in force, an estate or interest in land has become or becomes an asset of the new Commission, or of the body previously known as the Aboriginal and Torres Strait Islander Commercial Development Corporation and now known as Indigenous Business Australia; and
(b) a certificate that:
(i) identifies the land and the estate or interest;
(ii) states that the estate or interest has, because of that section, become an asset of the new Commission, or of the body previously known as the Aboriginal and Torres Strait Islander Commercial Development Corporation and now known as Indigenous Business Australia, as the case may be; and
(iii) is signed by an officer of the Attorney - General's Department authorised by the Secretary to that Department to give such certificates;
is lodged with the Registrar - General, Registrar of Titles or other proper officer of the State or Territory in which the land is situated;
the officer with whom the certificate is lodged may deal with and give effect to the certificate as if it were a grant, conveyance, memorandum or instrument of transfer of the estate or interest to the new Commission or Indigenous Business Australia, as the case may be, duly executed under the laws in force in that state or Territory.