Western Australian Current Acts Western Australian Current Acts (1) The Authority may
—
(a)
acquire and hold land for the purpose of disposal to persons of Aboriginal
descent in any manner the Authority thinks fit; and
(b)
effect, acquire, maintain, or repair, improvements on any land so acquired or
held; and
(c)
sell, lease or otherwise dispose of any such land or improvements to any
person of Aboriginal descent on such conditions and for such purposes as the
Authority thinks fit.
(2) The conditions to
be imposed on a sale of land or improvements under this section may include a
provision that upon part payment of the purchase price and the giving of
security for the balance and interest remaining unpaid the Authority will
transfer the fee simple in the land and vest the ownership in the improvements
in the purchaser subject to that security.
(3) The Authority, in
addition to the powers conferred by subsection (1), may lend money to any
person of Aboriginal descent to enable him to improve and develop any land
owned or held by him, or to acquire further land upon the security of a
mortgage to the Authority of the estate and interest of the borrower in that
land and the improvements thereon with or without such additional security as
the Authority may require.
(4) The provisions of
the Land Administration Act 1997 , and the regulations made under that Act,
that are capable of being applied with or without adaptation for the purpose
of giving effect to subsection (1), may be applied with or without adaptation
for that purpose; but the Governor may, nevertheless, make such regulations as
he thinks necessary or convenient for the purpose of giving effect to that
subsection.
[Section 41 amended: No. 31 of 1997 s. 141.]