Section 268(1) of the Corporations Law is to be taken to have been complied with in respect of all charges of which Westpac or Bank of Melbourne becomes the holder by virtue of this Act if there is lodged with the Australian Securities Commission a certificate signed by the Chief Executive Officer of Westpac or Bank of Melbourne, as the case requires, stating that by virtue of this Act the undertaking of Challenge has become vested in Westpac or the transferring undertaking has become vested in Bank of Melbourne, as the case requires.