First Nations Land Management Act

Version of section 27 from 2002-12-31 to 2012-06-28:

Marginal note:Restrictions on exchange
  •  (1) A first nation may exchange first nation land only if

    • (a) compensation for the first nation land includes land that Her Majesty has agreed will be set apart as a reserve and that is to become first nation land; and

    • (b) the Minister has approved the form of the exchange.

  • Marginal note:Additional compensation

    (2) In addition to land referred to in subsection (1), other compensation may be provided including land that will not become first nation land.

  • Marginal note:Terms and conditions

    (3) An exchange of first nation land may be made subject to other terms and conditions.

  • Marginal note:Community approval

    (4) The exchange of first nation land must be approved by first nation members in accordance with the land code of the first nation and must be completed in accordance with the Framework Agreement.

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