Northern Territory Land Corporation Act 1989. Country/Territory Australia Territorial subdivision Northern Territory Document type Legislation Date 1986 (2013) Source FAO, FAOLEX Long titleAn Act to provide for the continuation of the Northern Territory Development Land Corporation as the Northern Territory Land Corporation to hold certain land in the Northern Territory, and for related purposes. Subject Land & soil Keyword Institution Public land Right of use Geographical area Asia and the Pacific, Australia and New Zealand, Indian Ocean, Oceania, South Pacific Entry into force notes This Act enters into force on 24 December 1986. Abstract This Act, consisting of 18 sections divided into three Parts, establishes the functions of the Corporation as follows: to acquire, by agreement or otherwise, to hold and to dispose of real property, including an estate or interest in real property, in accordance with this Act and it may acquire and hold such property notwithstanding any other law in force in the Territory which would restrict or otherwise limit the capacity of the Corporation to acquire and hold it. The Corporation may enter into such arrangements as it thinks fit with the Territory or any other person in relation to the care, control and management of land or an interest in land held by the Corporation. The Administrator may, by notice in the Gazette, declare any land in respect of which: (a) all the right, title and interest is vested in the Territory; or (b) no person, other than the Territory or the Corporation, holds a right, title or interest, to be vested in the Corporation. Full text English Website legislation.nt.gov.au