Federal Real Property and Federal Immovables Regulations

5 (1) A Minister may transfer to Her Majesty in right of a province, by instrument satisfactory to the Minister of Justice, the administration and control of the entire or any lesser interest of Her Majesty in any federal real property, either in perpetuity or for any lesser term.

(2) A Minister may accept on behalf of Her Majesty a transfer of the administration and control satisfactory to the Minister of Justice of the entire or any lesser interest of Her Majesty in right of a province in any real property, including such transfers made by grant, vesting order or other conveyancing instrument, either in perpetuity or for any lesser term.

(3) In the case of retrocession or reversion to Her Majesty in right of a province or Her Majesty in right of Canada of the administration and control of the entire or any lesser interest in any real property, a Minister may give effect to that retrocession or reversion by instrument satisfactory to the Minister of Justice, notwithstanding the requirement, in the original transfer of administration and control, to proceed by order in council or written notice.