PUBLIC LAW 102-415—OCT. 14, 1992 106 STAT. 2119 described in subsection (b), the Secretary shall transfer each lot to the individual identified by the Village Corporation, by issuing— (i) a restricted deed pursuant to subparagraph (B); or (ii) an unrestricted deed pursuant to subparagraph (C). (B) A restricted deed may be issued under this paragraph subject to the following conditions: (i) The deed shall provide that the title conveyed is inalienable (except upon approval of the Secretary). (ii) After the issuance of the restricted deed, the lot shall not be subject to taxation, to levy and sale in satisfaction of debts, contracts, or liabilities of the patentee, or to any claims of adverse occupancy or law of prescription. (iii) The approval by the Secretary of the sale by an individual of a lot deeded under this section shall vest in the purchaser a complete and unrestricted title beginning on the date of approval, except that if the purchaser is an Alaska Native or a descendent of a Native, the purchaser shall receive a deed subject to the same restrictions as applied to the initial grantee. (C)(i) Upon a finding by the Secretary that the individual identified by the Village Corporation is competent to manage the property and has petitioned the Secretary for an unrestricted deed, the Secretary shall issue the unrestricted deed in accordance with clauses (ii) and (iii). (ii) Except as provided in clause (iii), if the Secretary issues an unrestricted deed, all restrictions as to sale, encumbrance, or taxation of the land subject to the deed shall be removed. (iii) Except with respect to any obligation owed to the United States, the land subject to the deed shall not be liable to the satisfaction of any debt as a result of a contract in effect prior to issuance of the deed. (2) Any interest in any lot conveyed by the Secretary pursuant to this subsection shall be subject to all valid existing rights. (3) The aggregate amount of acreage of all lots conveyed under this subsection shall not exceed 195 acres. (d) ALLOTMENTS. —(1)(A) If any lot identified pursuant to this section in the North Slope Borough surveys encompasses land (or any interest in the land) that— (i) is the subject of a valid Alaska Native allotment application made pursuant to the Act entitled "An Act authorizing the Secretary of the Interior to allot homesteads to the natives of Alaska", approved May 17, 1906 (34 Stat. 197); and (ii) includes land that has been interim conveyed or patented to the Village Corporation and the Regional Corporation, the applicant for the allotment may, with the consent of the Village Corporation, submit an amended application that describes land that had been interim conveyed or patented to the Village Corporation and Regional Corporation (in lieu of the land described in the initial application) in an acreage that is equal to the acreage of the land described in the initial application. (B) The Secretary shall accept the reconveyance of the land (or any interest in the land) described in subparagraph (A) from the Village Corporation or the Regional Corporation, in lieu of the land (or any interest in the land) described in the original application. (2)(A) To the extent the Secretary accepts a reconveyance of land (or any interest in the land) pursuant to paragraph (1), the
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