Section 839D — Corporations Act 2001 (Cth)

(1) If:

(a) an asset (other than land or an interest in land) becomes, under this Division, an asset of a body corporate (the receiving body); and

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

(i) is issued by the Reserve Bank; and

(ii) identifies the asset; and

(iii) states that the asset has, under this Division, become an asset of the receiving body;

that person or authority may:

(c) register the matter in the same manner as transactions in relation to assets of that kind are registered; and

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

(2) This section does not affect the operation of:

(a) other provisions of this Act; or

(b) if the regulations prescribe provisions of one or more other Acts—those provisions of those Acts.

Related sections

• s 839A — Partial transfer of netting contracts void
• s 839B — Reserve Bank may provide information to receiving body
• s 839C — Certificates in relation to land and interests in land
• s 839E — Documents purporting to be certificates
• s 839F — Construction of references in instruments to target body
• s 839G — Income or other distribution received by target body

Research how courts apply s 839D

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.