First Nations Land Management Act
16 (1) After the coming into force of a land code, no interest or right in or licence in relation to first nation land may be acquired or granted except in accordance with the land code of the first nation.
Marginal note:Interests or rights of third parties
(2) Subject to subsections (3) and (4), interests or rights in and licences in relation to first nation land that exist on the coming into force of a land code continue in accordance with their terms and conditions.
Marginal note:Transfer of rights of Her Majesty
(3) On the coming into force of the land code of a first nation, the rights and obligations of Her Majesty as grantor in respect of the interests or rights and the licences described in the first nation’s individual agreement are transferred to the first nation in accordance with that agreement.
Marginal note:Interests and rights of first nation members
(4) Interests or rights in first nation land held on the coming into force of a land code by first nation members pursuant to allotments under subsection 20(1) of the Indian Act or pursuant to the custom of the first nation are subject to the provisions of the land code governing the transfer and lease of interests or rights in first nation land and sharing in natural resource revenues.
- 1999, c. 24, s. 16;
- 2007, c. 17, s. 5.
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