Part 3: Governance
Objective
A responsive, efficient and effective organisation.
Figure 7: Governance Overview
Purpose
The ILC is a corporate Commonwealth entity established under the Aboriginal and Torres Strait Islander Act 2005 (the Act) to assist Indigenous people to acquire and manage land to achieve economic, environmental, social and cultural benefits.
Enabling Legislation
The ILC was established as part of the Australian Parliament’s response to the Mabo decision, by the Land Fund and Indigenous Land Corporation (ATSIC Amendment) Act 1995 on 1 June 1995. The ILC now operates under the subsequently enacted Aboriginal and Torres Strait Islander Act 2005.
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