After section 27 of the Aboriginal Lands Act 1970 insert —
(1) The Governor in Council may make regulations for or with respect to the following—
(a) prescribing the form of an instrument of transfer;
(b) prescribing information or supporting documents to accompany an instrument of transfer;
(c) prescribing any other matter relating to the transfer of shares;
(d) generally prescribing any other matter or thing required or permitted by this Act to be prescribed or necessary to be prescribed to give effect to this Act.
(2) The regulations may—
(a) be of general or limited application;
(b) differ according to differences in time, place or circumstance;
(c) confer a discretionary authority or impose a duty on a specified person or body or a specified class of person or body;
(d) leave any matter or thing to be from time to time determined, approved or dispensed with by a specified person or body or a specified class of person or body;
(e) provide in a specified case or class of case for the exemption of persons, bodies or things or a class of persons, bodies or things from any of the provisions of the regulations—
(i) whether unconditionally or on specified conditions; and
(ii) either wholly or to the extent specified in the regulations;
(f) require a matter in the regulations to be—
(i) in accordance with a specified standard or specified requirement; or
(ii) approved by or to the satisfaction of a specified person or body or a specified class of person or body; or
(iii) as specified in both subparagraphs (i) and (ii);
(g) apply, adopt or incorporate any matter contained in any document, whether—
(i) wholly or partially or as amended by the regulations; or
(ii) as formulated, issued, prescribed or published at a particular time or as in force from time to time.
(1) The Minister must cause a review of the operation of this Act to be undertaken every 5 years.
(2) The first review must be undertaken as soon as possible after the fifth anniversary of the day on which the Aboriginal Land Legislation Amendment Act 2024 receives the Royal Assent.
(3) The person who undertakes each review must give the Minister a written report of the review.
(4) The Minister must cause a copy of the report of a review to be tabled before each House of the Parliament within 12 months after the end of each 5 year period for the review.
(1) This section applies if a board of persons is acting as Administrator of a Trust on the commencement of Part 2 of the Aboriginal Land Legislation Amendment Act 2024 .
(2) On and from the commencement of Part 2 of the Aboriginal Land Legislation Amendment Act 2024 , the board is taken to be the same body as it was immediately before that commencement, despite the changes to the constitution or quorum of the board made by that Act, and no decision, matter or thing is to be affected because of those changes.
(3) The members of the board holding office immediately before the commencement of Part 2 of the Aboriginal Land Legislation Amendment Act 2024 continue to hold office as members after that commencement on the same terms and conditions on which they held office as members immediately before that commencement.".