(1) Where an order is made by a court under this Act vesting property in a person:

(a)

subject to subsection (2), the property forthwith vests in the person named in the order without any conveyance, transfer or assignment; and

(b)

the person who applied for the order must, within 7 days after the passing and entering of the order, lodge an office copy of the order with such person (if any) as is specified for the purpose in the order.

(2) Where:

(a)

the property to which an order referred to in subsection (1) relates is property the transfer or transmission of which may be registered under a law of the Commonwealth, of a State or of a Territory; and

(b)

that law enables the registration of such an order;