If Indigenous landowners want to lease, sub-lease, mortgage or sell some of the ILC-granted land, you should to talk to the ILC about your proposal.
The ILC is committed to continuing long term, constructive partnerships with Indigenous corporations after land has been granted, to continue to assist the corporation to achieve land-based benefits. If a new proposal builds on the economic, environmental, social and/or cultural benefits the land already delivers, or helps an Indigenous corporation to better manage its assets, the ILC will seriously consider supporting the group to execute its plans by removing or temporarily ‘lifting’ the caveat to allow the proposed activity to occur.
The ILC takes a flexible approach and will work with Indigenous corporations to realise their goals. In considering a proposal the ILC looks at:
- The aspirations of the landholding group and relevant Traditional Owners for the property and whether the proposed change would provide a greater benefit to Indigenous people.
- The risks that may be involved in the proposal.
- Whether the proposed change will sustain existing benefits and maximise these benefits for future generations.
- The status of the property.
Attachment A provides some examples of types of proposals that have been presented and developed with the ILC to allow the achievement of greater Indigenous benefits.
Groups are encouraged to contact their Divisional Office as early as possible if they want to discuss caveats on ILC-granted land.