Page:United States Statutes at Large Volume 112 Part 5.djvu/371

 PUBLIC LAW 105-333—OCT. 31, 1998 112 STAT. 3129 Public Law 105-333 105th Congress An Act To amend the Alaska Native Claims Settlement Act to make certain clarifications Oct. 31, 1998 to the land bank protection provisions, and for other purposes. [H R 20001 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, ANCSA Land Bank Protection SECTION 1. AUTOMATIC LAND BANK PROTECTION. Act of 1998. (a) LANDS RECEIVED IN EXCHANGE FROM CERTAIN FEDERAL AGENCIES. —The matter preceding clause (i) of section 907(d)(1)(A) of the Alaska National Interest Lands Conservation Act (43 U.S.C. 1636(d)(1)(A)) is amended by inserting "or conveyed to a Native Corporation pursuant to an exchange authorized by section 22(f) of the Alaska Native Claims Settlement Act or section 1302(h) of this Act or other applicable law" after "Settlement Trust". (b) LANDS EXCHANGED AMONG NATIVE CORPORATIONS.— Section 907(d)(2)(B) of such Act (43 U.S.C. 1636(d)(2)(B)) is amended— (1) by striking "and" at the end of clause (ii); (2) by striking the period at the end of clause (iii) and inserting "; and"; and (3) by adding at the end the following: "(iv) lands or interest in lands shall not be considered developed or leased or sold to a third party as a result of an exchange or conveyance of such land or interest in land between or among Native Corporations and trusts, partnerships, corporations, or joint ventures, whose beneficiaries, partners, shareholders, or joint venturers are Native Corporations.". (c) ACTIONS BY TRUSTEE SERVING PURSUANT TO AGREEMENT OF NATIVE CORPORATIONS.— Section 907(d)(3)(B) of such Act (43 U.S.C. 1636(d)(3)(B)) is amended— (1) by striking "or" at the end of clause (i); (2) by striking the period at the end of clause (ii) and inserting "; or"; and (3) by adding at the end the following: "(iii) to actions by any trustee whose right, title, or interest in land or interests in land arises pursuant to an agreement between or among Native Corporations and trusts, partnerships, or joint ventures whose beneficiaries, partners, shareholders, or joint venturers are Native Corporations.". SEC. 2. DEVELOPMENT BY THIRD-PARTY TRESPASSERS. Section 907(d)(2)(A)(i) of the Alaska National Interest Lands Conservation Act (43 U.S.C. 1636(d)(2)(A)(i)) is amended— (1) by inserting "Any such modification shall be performed by the Native individual or Native Corporation." after "substantial modification.";

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