First Nations Land Management Act
Marginal note:Power to manage
18 (1) A first nation has, after the coming into force of its land code and subject to the Framework Agreement and this Act, the power to manage first nation land and, in particular, may
(a) exercise the powers, rights and privileges of an owner in relation to that land;
(b) grant interests or rights in and licences in relation to that land;
(c) manage the natural resources of that land; and
(d) receive and use all moneys acquired by or on behalf of the first nation under its land code.
Marginal note:Legal capacity
(2) For any purpose related to first nation land, a first nation has the legal capacity necessary to exercise its powers and perform its duties and functions and, in particular, may
(a) acquire and hold property;
(b) enter into contracts;
(c) borrow money;
(d) expend and invest money; and
(e) be a party to legal proceedings.
Marginal note:Exercise of power
(3) The power of a first nation to manage first nation land shall be exercised by the council of a first nation, or by any person or body to whom a power is delegated by the council in accordance with the first nation’s land code, and that power shall be exercised for the use and benefit of the first nation.
Marginal note:Management body
(4) A body established to manage first nation land is a legal entity having the capacity, rights, powers and privileges of a natural person.
- 1999, c. 24, s. 18
- 2007, c. 17, s. 7
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