Northern Territory Land Corporation Act. 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 Oceania 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 int Full text English Website www7.austlii.edu.au