First Nations Oil and Gas and Moneys Management Act

The First Nations Oil and Gas and Moneys Management Act (FNOGMMA) is an act of the Parliament of Canada relating to the control of land and moneys by certain First Nations.^[1]

First Nations Oil and Gas and Moneys Management Act
Parliament of Canada
Long title An Act to provide first nations with the option of managing and regulating oil and gas exploration and exploitation and of receiving moneys otherwise held for them by Canada
Citation	S.C. 2004, c. 48
Assented to	2005-11-25
Legislative history
First reading	2005-06-01
Second reading	2005-10-06
Third reading	2005-11-21
First reading	2005-11-22
Second reading	2005-11-22
Third reading	2005-11-24
Related legislation
Indian Oil and Gas Act
Status: In force

History

Negotiations leading to the legislation were "extensive" and "spirited" with a backdrop of "complex" and "far-reaching" litigation.^[2]

Provisions

By opting into this act, First Nations opt out of sections 61-69 of the Indian Act.^[3]

First Nations who opt into act into the act no longer have the Indian Act requirement of seeking ministerial approval.^[4]

Application

In 2014, the Kawacatoose First Nation became the first First Nation to opt in to the legislation.^[5]