(1) Upon the vesting of Framlingham Forest in the Kirrae Whurrong Aboriginal Corporation, the Corporation has:
(a) the full power of management, control and enjoyment of Framlingham Forest , subject to the law of Victoria and the Commonwealth;
(b) the power to transfer its interest in Framlingham Forest to another Aboriginal and Torres Strait Islander corporation , subject to subsection ( 2); and
(c) the power to give a lease of Framlingham Forest or a licence over Framlingham Forest to the Crown, a public authority of the State of Victoria or of the Commonwealth or any other person, subject to subsection ( 3).
(2) The Kirrae Whurrong Aboriginal Corporation shall not transfer its interest in Framlingham Forest to another Aboriginal and Torres Strait Islander corporation if there is an objection from a member of the Kirrae Whurrong Committee of Elders or an adult member of the Corporation.
(3) The Kirrae Whurrong Aboriginal Corporation shall not give a
lease of Framlingham Forest or a licence over Framlingham Forest that is for a
period of more than 3 years to a person who is not the Crown or a public
authority of the State of Victoria or the Commonwealth unless the Minister has
approved the giving of that lease or licence.