Document ID: chunk:federal_register_of_legislation:C2004A03449:body:0:p15
Version: federal_register_of_legislation:C2004A03449
Segment Type: other
Provision Reference: 
Character Range: 33989–36585

received by the Land Council in respect of the investment of that amount.
     "(12) Unless, before the date of commencement of this sub-section, an Aboriginal community or group has been paid an amount under this section, that Aboriginal community or group is not entitled to be paid an amount under this section unless it is incorporated under Part IV of the Aboriginal Councils and Associations Act 1976.".
(2) The reference in sub-section 35 (3) to an agreement made under section 43 or 44 shall be taken, on and after the day on which this Act receives the Royal Assent, to include a reference to an agreement made under section 43 or 44 of the Principal Act as in force before that day.
22. After section 35 of the Principal Act the following section is inserted:

Incorporated communities or groups to lodge financial records with Land Councils
"35a. (1) An incorporated Aboriginal community or group that has, before the day of commencement of this section, been paid an amount under section 35, or that is, on or after that day, paid an amount under that section—
     (a) in a case where the community or group first received such an amount before the end of the financial year preceding the financial year in which this section commences—shall, as soon as practicable after the day of commencement of this section, and as soon as practicable after the end of each subsequent financial year, give to

     the Land Council in the area of which the members of the community or group live a copy of the relevant financial statements in respect of that financial year;
     (b) in a case where the community or group first received or first receives such an amount before the end of the financial year in which this section commences—shall, as soon as practicable after the end of the financial year in which this section commences, and as soon as practicable after the end of each subsequent financial year, give to the Land Council in the area of which the members of the community or group live a copy of the relevant financial statements in respect of that financial year; and
     (c) in a case where the community or group first receives such an amount during a financial year after the financial year in which this section commences—shall, as soon as practicable after the end of the financial year in which that amount is received, and as soon as practicable after the end of each subsequent financial year, give to the Land Council in the area in which the members of that community or group live a copy of the relevant financial statements in respect of that financial year.
"(2)