(1) This section applies if:
(a) any legal or equitable estate or interest in real property, whether actual, contingent or prospective (a real property asset ), vests in the Authority under this Part; and
(b) there is lodged, with the Registrar of Titles or other proper officer of the State or Territory in which the real property asset is situated, a certificate that:
(i) is signed by the Minister; and
(ii) identifies the real property asset, whether by reference to a map or otherwise; and
(iii) states that the real property asset has become vested in the Authority under this Part.
(2) The Registrar of Titles or other officer may:
(a) register the matter in a way that is the same as, or similar to, the way in which dealings in real property assets of that kind are registered; and
(b) deal with, and give effect to, the certificate.
(3) A certificate made under paragraph (1)(b) is not a legislative instrument .