Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This section applies if:
(a) an asset other than land vests in Tourism Australia under this Part; and
(b) there is lodged with an assets official a certificate that:
(i) is signed by the Secretary; and
(ii) identifies the asset; and
(iii) states that the asset has become vested in Tourism Australia under this Part.
(2) The assets official 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.