Section 839C — Corporations Act 2001 (Cth)

If:

(a) a body corporate (the receiving body) becomes, under this Division, the owner of land, or of an interest in land, that is situated in a State or Territory; and

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

(i) is issued by the Reserve Bank; and

(ii) identifies the land or interest; and

(iii) states that the receiving body has, under this Division, become the owner of that land or interest;

the officer with whom the certificate is lodged may:

(c) register the matter in the same manner as dealings in land or interests in land of that kind are registered; and

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

Related sections

• s 838C — Time and effect of transfer of business
• s 839A — Partial transfer of netting contracts void
• s 839B — Reserve Bank may provide information to receiving body
• s 839D — Certificates in relation to other assets
• s 839E — Documents purporting to be certificates
• s 839F — Construction of references in instruments to target body

Research how courts apply s 839C

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