If the Kirrae Whurrong Aboriginal Corporation is wound up and its interest in Framlingham Forest has not been transferred to another Aboriginal and Torres Strait Islander corporation under this Act :
(a) by force of this Act, that interest in Framlingham Forest is, subject to paragraph ( b), vested in the Commonwealth on trust for the benefit of the Aboriginal people of Victoria; and
(b) the Governor - General shall, to the extent of that interest, execute a deed of grant of an estate in Framlingham Forest :
(i) to another Aboriginal and Torres Strait Islander corporation that is approved by the Minister and whose members are the descendants of the Kirrae Whurrong (Pertobe) Clan; or
(ii) if there is no Aboriginal and Torres Strait Islander corporation as described in subparagraph ( i)--to any appropriate Aboriginal and Torres Strait Islander corporation.