Marginal note:Moneys held for bands by Her Majesty
31. Moneys held by Her Majesty for the use and benefit of the predecessor band of a first nation immediately before the first nation’s self-government agreement is brought into effect, including moneys received in respect of lands referred to in subsection 17(3), shall be transferred from the Consolidated Revenue Fund to the first nation as soon as practicable after the first nation’s self-government agreement is brought into effect.
Marginal note:Property of minors and mental incompetents
32. (1) Notwithstanding subsection 17(1), the Minister may continue to exercise any authority under the Indian Act that the Minister has, immediately before a first nation’s self-government agreement is brought into effect, in relation to the administration of the property of
(a) a minor child of a citizen of the first nation who is registered or entitled to be registered as an Indian; or
(b) a citizen registered or entitled to be registered as an Indian who has been found to be mentally incompetent.
Marginal note:Transfer to trustee
(2) The property of a person referred to in subsection (1), including moneys held in the Consolidated Revenue Fund, may be transferred in trust for that person or that person’s estate on terms agreed to by the Minister and the first nation.
33. to 39. [Amendments]
COMING INTO FORCE
Marginal note:Coming into force
Return to footnote *[Note: Act in force February 14, 1995, see SI/95-19.]
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