Document ID: chunk:federal_register_of_legislation:C2015A00175:clause:1_20cb
Version: federal_register_of_legislation:C2015A00175
Segment Type: clause
Provision Reference: sch 1 cl 20CB
Character Range: 3342–4217

20CB  Transfer of subleases
 (1) If the Executive Director holds a sublease of some or all of a parcel of Aboriginal land on behalf of the Commonwealth, the Executive Director may, on behalf of the Commonwealth, transfer the sublease to an Aboriginal and Torres Strait Islander corporation, so long as the transfer is in accordance with the terms and conditions of the sublease.
 (2) If:
 (a) an Aboriginal and Torres Strait Islander corporation holds a sublease of some or all of a parcel of Aboriginal land; and
 (b) the sublease was transferred to the Aboriginal and Torres Strait Islander corporation under subsection (1);
the Executive Director may, on behalf of the Commonwealth, acquire the sublease by way of transfer from the Aboriginal and Torres Strait Islander corporation, so long as the transfer is in accordance with the terms and conditions of the sublease.