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ABORIGINAL AND TORRES STRAIT ISLANDER LAND HOLDING ACT 2013 - SECT 46
Minister may make agreed deferred grant
(1) The Minister may make a deferred grant of a lease (an
"agreed deferred grant" ) in a trust area if— (a) the lease is to satisfy a
lease entitlement included in a lease entitlement notice currently in force;
and
(b) the Minister has complied with the requirements of subdivision 2 ;
and
(c) the Minister considers all agreements necessary to support the making
of the grant (the
"relevant agreements" ) have been entered into.
(2) The Minister may grant
the lease subject to conditions that are consistent with the
relevant agreements.
(3) Before granting a lease, the Minister must— (a)
prepare a statement explaining the proposed approach to satisfying the
lease entitlement; and
(b) notify the person to whom the Minister intends to
grant the lease to satisfy the lease entitlement and give the person a copy of
the statement mentioned in paragraph (a) .
(4) The granting of the lease
satisfies the lease entitlement and the lease entitlement notice ceases to be
a lease entitlement notice currently in force.
(5) The chief executive may
publish on the department’s website that the lease entitlement notice has
been satisfied by the grant of a lease.
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