Commonwealth Consolidated Acts

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NATIVE TITLE ACT 1993 - SECT 60

Replacement of agent prescribed bodies corporate

    The regulations may make provision for:

  (a)   the replacement of an agent prescribed body corporate (the original PBC ) with another prescribed body corporate (the replacement PBC ) to perform the functions mentioned in subsection   57(3) where:

  (i)   the common law holders wish the replacement to occur; or

  (ii)   a liquidator is appointed for the original PBC; and

  (b)   the determination by the Federal Court of the replacement PBC; and

  (c)   any matter in relation to the transition from the original PBC to the replacement PBC, including the determination of that matter by the Federal Court; and

  (d)   any other matters in relation to the replacement of the original PBC with the replacement PBC.


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