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First Nations Land Management Act

Version of section 19 from 2018-12-13 to 2022-12-14:


Marginal note:Transfer of moneys

  •  (1) Subject to section 46.1, on the coming into force of the land code of a First Nation, all revenue moneys and capital moneys held by Her Majesty for the use and benefit of the First Nation or its First Nation members cease to be Indian moneys and shall be transferred to the First Nation. All revenue moneys and capital moneys collected or received by Her Majesty for the use and benefit of the First Nation or its First Nation members after the transfer are not Indian moneys and shall be transferred to the First Nation.

  • Marginal note:Her Majesty not liable

    (2) Her Majesty is not liable in respect of anything done or omitted to be done in relation to the management of revenue moneys or capital moneys transferred to a First Nation under this Act by the First Nation or any person or body authorized by the First Nation to act in relation to those moneys.

  • 1999, c. 24, s. 19
  • 2012, c. 19, s. 652(E)
  • 2018, c. 27, s. 369

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