Document ID: chunk:federal_register_of_legislation:C2007C00447:clause:1_174
Version: federal_register_of_legislation:C2007C00447
Segment Type: clause
Provision Reference: sch 1 cl 174
Character Range: 111511–112144

174  Subsection 64(1)
Omit "having regard to the number of Aboriginals living in the area of each Council, an amount equal to 40% of the amounts credited to the Account in accordance with subsection 63(1) or (4).", substitute:
having regard to the following in relation to each Land Council:
 (a) the most recent estimates approved by the Minister under section 34;
 (b) the most recent amounts notified to the Minister under subsection 34(1A);
 (c) any surplus specified in the most recent financial statements prepared under clause 2 of Schedule 1 to the Commonwealth Authorities and Companies Act 1997 and given to the Minister.