Part 2 Native Title Division 6 Native title functions of prescribed bodies corporate and holding of native title in trust Section 57 (a) the determination by the Federal Court of a prescribed body corporate to hold the rights and interests from time to time comprising the native title in trust for the common law holders where: (i) a determination is made, either under this section or under regulations made for the purposes of this section, that the rights and interests are to be held by the common law holders; and (ii) the common law holders wish a prescribed body corporate to instead hold those rights and interests in trust; and (b) the functions to be performed by the prescribed body corporate, once determined; and (c) the nature of any consultation with, or other role for, the common law holders; and (d) the circumstances in which the rights and interests may be surrendered, transferred or otherwise dealt with; and (e) any other matter in relation to the holding in trust of the native title rights and interests, and the transition from the former to the new arrangement, including the determination of the matter by the Federal Court. 57 Determination of prescribed body corporate etc. Where trustee (1) If the determination under section 56 is that the native title rights and interests are to be held in trust by a prescribed body corporate, the prescribed body corporate, after becoming a registered native title body corporate (see the definition of that expression in section 253), must also perform: (a) any other functions given to it as a registered native title body corporate under particular provisions of this Act; and (b) any functions given to it as a registered native title body corporate under the regulations (see section 58). 202 Compilation No. 47 Native Title Act 1993 Compilation date: 25/09/2021 Authorised Version C2021C00450 registered 22/10/2021 Registered: 22/10/2021