When l bought my yacht in Qld it came with a certificate. Since, l re-registered it in Nsw
and insured it with two different companies since, none of them ventured to ask any question about it, at all.
It must be one of the "sleeper laws", which are not mentioned until one's (usually the insurer's) interest requires so

.
A common person would not be able to enlighten himself in this field without any serious digging.