35AIndigenous Affairs Minister to be consulted on Aboriginal and Torres Strait Islander Land and Sea Future Fund Investment Mandate

35A Indigenous Affairs Minister to be consulted on Aboriginal and Torres Strait Islander Land and Sea Future Fund Investment Mandate

(1) Before giving the Future Fund Board a direction under subsection 32(1), the responsible Ministers must: (a) send a draft of the direction to the Indigenous Affairs Minister; and (b) invite the Indigenous Affairs Minister to make a submission to the responsible Ministers on the draft direction within a reasonable time limit specified by the responsible Ministers; and (c) consider any submission that is received from the Indigenous Affairs Minister within that time limit. (2) If a draft direction is sent to the Indigenous Affairs Minister under subsection (1): (a) the Indigenous Affairs Minister must send a copy of the draft direction to the Indigenous Land and Sea Corporation Board; and (b) the Indigenous Affairs Minister must invite the Indigenous Land and Sea Corporation Board to make a submission to the Indigenous Affairs Minister on the draft direction within a reasonable time limit that: (i) is specified by the Indigenous Affairs Minister; and (ii) ends before the time limit specified by the responsible Ministers under paragraph (1)(b) in relation to the making of a submission on the draft direction by the Indigenous Affairs Minister; and (c) if a submission is received from the Indigenous Land and Sea Corporation Board within the time limit specified by the Indigenous Affairs Minister under paragraph (b) of this subsection: (i) the Indigenous Affairs Minister must make a submission to the responsible Ministers on the draft direction within the time limit specified by the responsible Ministers under paragraph (1)(b); and (ii) in preparing the submission to the responsible Ministers, the Indigenous Affairs Minister must consider the submission received from the Indigenous Land and Sea Corporation Board.