Victorian Current Acts Victorian Current Acts(1) Without prejudice to the generality of this Part and despite anything to the contrary in any other Act or law, if, immediately before the date on which an asset of a transferring body becomes a transferred asset of a receiving body, the transferring body is the registered proprietor of an interest in land under the Transfer of Land Act 1958 , then on and after that date—
(a) the receiving body is to be taken to be the registered proprietor of that interest in land; and
(b) the receiving body has the same rights and remedies in respect of that interest as the transferring body had.
(2) The Registrar of Titles, on being requested to do so and on delivery of any relevant certificate of title or instrument and certificate of an authorised APRA officer, must make any amendments in the Register that are necessary because of the operation of this Part.