OUR Governance
Aboriginal Invesment NT was established by the Aboriginal Land Rights (Northern Territory) Act 1976 (Land Rights Act), commencing operations on 15 November 2022.
Our operations are governed by the Land Rights Act and overseen by our independent Board. As a corporate Commonwealth entity, we are subject to the requirements of the Public Governance, Performance and Accountability Act 2013 (PGPA Act).
Aboriginal Investment NT is a portfolio agency within the Department of Prime Minister and Cabinet. The responsible Minister is the Hon. Malarndirri McCarthy MP, Minister for Indigenous Australians, whose duties in relation to Aboriginal Investment NT are set out in the Land Rights Act.
Aboriginal Investment NT is operationally independent from Government. However, any investment that has a value of more than $100 million requires written agreement of the Minister, per section 65BH of the Land Rights Act.
An overview of the governance framework under which Aboriginal Investment NT is set out below.
GOVERNANCE framework
©2024 Aboriginal investment nt
Aboriginal Investment NT acknowledges the Traditional Owners and Custodians of Country throughout the Northern Territory and acknowledges their continuing connection to land, waters and community. We pay our respects to the people, the cultures and the Elders past and present.