(1) Upon the vesting of the Condah land in the Kerrup - Jmara Elders Aboriginal Corporation, the Corporation has:
(a) the full power of management, control and enjoyment of the Condah land, subject to the law of Victoria and the Commonwealth;
(b) the power to transfer its interest in the Condah land to another Aboriginal and Torres Strait Islander corporation , subject to subsection ( 2); and
(c) the power to give a lease of the Condah land or a licence over the Condah land to the Crown, a public authority of the State of Victoria or of the Commonwealth or any other person, subject to subsection ( 3).
(2) The Kerrup - Jmara Elders Aboriginal Corporation shall not transfer its interest in the Condah land to another Aboriginal and Torres Strait Islander corporation if there is an objection from a member of the Kerrup - Jmara Committee of Elders or any other adult member of the Corporation.
(3) The Kerrup - Jmara Elders Aboriginal Corporation shall not give a lease of the Condah land or a licence over the Condah land that is for a period of more than 3 years to a person who is not the Crown or a public authority of the State of Victoria or the Commonwealth unless the Minister has approved the giving of that lease or licence.