Commonwealth Consolidated Acts

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Functions of Land Trusts

             (1)  The functions of a Land Trust are:

                     (a)  to hold title to land vested in it in accordance with this Act;

                     (b)  to exercise its powers as owner of land referred to in paragraph (a) for the benefit of the Aboriginals concerned; and

                     (c)  where the Land Trust is named as the grantee of land in a deed of grant held in escrow by a Land Council--to acquire, as and when practicable, the estates and interests of other persons in the land with a view to the surrender to the Crown of those estates and interests and the delivery to the Land Trust of the deed of grant held by the Land Council.

             (2)  A Land Trust:

                     (a)  shall not exercise its functions in relation to land held by it except in accordance with a direction given to it by the Land Council for the area in which land is situated; and

                     (b)  where such a direction is given to it--shall take action in accordance with that direction.

             (3)  The Lands Acquisition Act 1989 does not apply to the acquisition by a Land Trust, under this Act, of an estate or interest in land.

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