This Act aims to auhtorize the granting by the Crown of land at Northcote to the Aborigines Advancement League Incorporated. Section 6 stipulates that no compensation is payable by the Crown in respect of anything done under or arising out of this Act. The Act is completed by one Schedule specifying land which may be granted to the Aborigines Advancement League Incorporated.

This Act, consisting of seven Parts, provides for the reservation of certain Crown lands and their management. Reserved lands are managed by committees of management whose functions and powers are defined in Part 3. Part 4 contains special provisions on certain reserved lands: land used for horse or greyhound racing, landing grounds, marinas, sport facilities and activities and mineral springs. Part 6 contains provisions relating to particular Crown land reserves.

This Act revokes the reservations and Crown grants related to certain lands in Victoria. Under section 9, consequences of the revocation include that the land is that land is deemed to be unalienated land of the Crown, freed and discharged from all trusts, limitations, reservations, restrictions, encumbrances, estates and interests and the appointment of any committee of management of that land is revoked to the extent that it relates to that land.