Commonwealth Consolidated Acts

ABORIGINAL AND TORRES STRAIT ISLANDER ACT 2005 - SECT 142J

  (1)   This section applies if:

  (a)   an individual or body has acquired an interest in land; and

  (b)   any of the following applies:

  (i)   the interest was acquired using money granted to the individual or body by the TSRA under paragraph   142F(1)(a) or subsection   142GA(1);

  (ii)   the interest was acquired from the TSRA under paragraph   142F(1)(b);

  (iii)   the acquisition of the interest was financed by a loan that was guaranteed by the TSRA under section   142G.

  (2)   The individual or body must not dispose of the interest without the TSRA's written consent.

  (3)   If the individual or body purports to dispose of the interest without the TSRA's written consent, the purported disposition is of no effect.