(3) If lands to which this Part applies are
vested in more than one Aboriginal LandCouncil and one or more but not all of
the Councils in which the lands are vested are dissolved, on constitution of a
new Aboriginal LandCouncil or Councils to replace the dissolved Council or
Councils, the lands vest in that new Council or those new Councils for the
interest held immediately before the dissolution by the dissolved Council or
Councils.