2. As soon as the Government has, under section 1, authorized the Minister of Agriculture, Fisheries and Food to acquire a certain territory, the latter must apply to the owner of the territory or the persons authorized to cede it and make such agreements and arrangements as may be arrived at with such persons.
Such agreements or arrangements shall have effect as soon as they are approved by the Government.
When the acquiring of the land is effected by exchange, the Minister of Energy and Resources is authorized to grant a title in favour of the persons concerned for the territory exchanged for that obtained for colonization purposes.
R. S. 1964, c. 103, s. 2; 1973, c. 22, s. 22; 1979, c. 81, s. 20; 1979, c. 77, s. 21.