20 Government Gazette 25 August 2016 Act No. 8, 2016 6105 BUSINESS AND INTELLECTUAL PROPERTY AUTHORITY ACT, 2016 (3) A certificate issued by the Minister in which it is stated that any State land or a servitude or other real right or lease or any other asset or right described in such certificate has been transferred to BIPA in terms of subsection (1), is sufficient proof that the asset, right, liability or obligation so described is vested in BIPA. (4) Upon submission of the certificate referred to in subsection (3) to - (a) the Registrar of Deeds; or (b) to any other person in charge of any other office where a register or record of ownership of or entitlement to an asset or right described in such certificate is being kept, the Registrar or such person must make such entries in or on any relevant register, title deed or other document in his or her office as may be necessary to effect the transfer in the name of BIPA. (5) BIPA is substituted for the State as a contracting party in respect of any agreement transferred to BIPA in terms of subsection (1). (6) The value of assets and liabilities transferred to BIPA in terms of subsection (1) is determined by the Minister after consultation with the Minister responsible for finance. (7) Despite any law to the contrary, no duty, fee, tax or levy payable in terms of any law for the acquisition or transfer of assets or rights is payable in respect of the transfer of assets or rights by the State to BIPA in terms of subsection (1). (8) A person who at the commencement of this Act has been appointed under an applicable legislation as Registrar, Deputy Registrar or Assistant Registrar is deemed to have been appointed under the corresponding provision of this Act. (9) Despite any other law to the contrary, the Minister - (a) with the consent of the Prime Minister; and (b) in accordance with an agreement concluded by the Minister and BIPA, may at the commencement of this Act transfer to BIPA any staff member of the Ministry currently performing the functions of BIPA, subject to the consent of the staff member. Amendment of laws The laws set out in Schedule 2 are amended to the extent indicated in 32. that Schedule. Short title and commencement 33. (1) This Act - (a) is called the Business and Intellectual Property Authority Act, 2016; and