76
CurrentTransfer of Torres Strait Islander land
Part 7General provisions for dealing with Torres Strait Islander land
Division 4Transfer of Torres Strait Islander land by trustee
Subdivision 2Land held by CATSI corporation
76 Transfer of Torres Strait Islander land
(1)
The trustee of the Torres Strait Islander land (the transferor) may transfer all or a part of the land only—
(a)
with the Minister’s written approval; and
(b)
to another CATSI corporation that is qualified to hold the land (the transferee).
(2)
The transferee holds the land for—
(a)
the native title holders of the land, if—
(i)
the transferee is a registered native title body corporate; and
(ii)
the transferor and the transferee agree it is to be held for the native title holders; or
(b)
otherwise—the benefit of the Torres Strait Islanders particularly concerned with the land and their ancestors and descendants.
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