Commonwealth Numbered Acts

ABORIGINAL DEVELOPMENT COMMISSION ACT 1980 No. 34 of 1980 - SECT 31

31. (1) An Aboriginal corporation that acquires an interest in land, or in
shares or stock in the capital of a company, under section 27, or as a result
of the grant of moneys under section 23, shall not dispose of that interest,
or of an interest derived from that interest, except in accordance with a
notice under this section.

(2) The Commission may, after consultation with the Minister, by notice
published in the Gazette, declare that a specified interest to which
sub-section (1) applies may be disposed of in accordance with the notice.

(3) The Commission shall not make a declaration under sub-section (2) unless
it is satisfied that the disposal of the interest in accordance with the
notice will further the economic and social development of Aboriginals.

(4) A notice given under sub-section (2) is irrevocable.

(5) Where the Commission makes a declaration under sub-section (2) in relation
to an interest held by an Aboriginal corporation as defined by the
Aboriginal Councils and Associations Act 1976, the interest specified in the
declaration shall, for the purposes of that Act, but subject to anything
contained in the notice, be deemed to be a disposable estate or interest.

(6) Nothing in this section limits the right of an Aboriginal corporation to
license or otherwise authorize members of the corporation to occupy land in
which it holds an interest.

(7) In this section-



"Aboriginal corporation", except in sub-section (5), includes an Aboriginal
corporation as defined by the Aboriginal Councils and Associations Act 1976;



"dispose" includes to transfer, assign, lease, sub-lease, license or mortgage,
and also includes to agree to dispose, and to grant consent to the disposal
of.