Solely for the purpose of bringing claims that arise from the discharge of oil, the Congress confirms that all right, title, and interest of the United States in and to the lands validly selected pursuant to the Alaska Native Claims Settlement Act ( 43 U.S.C. 1601 et seq.) by Alaska Native corporations are deemed to have vested in the respective corporations as of March 23, 1989 . This section shall take effect with respect to each Alaska Native corporation only upon its irrevocable election to accept an interim conveyance of such land and notice of such election has been formally transmitted to the Secretary of the Interior. ( Pub. L. 96–487, title XIV, § 1438 , as added Pub. L. 101–380, title VIII, § 8301 , Aug. 18, 1990 , 104 Stat. 572 .) Editorial Notes References in Text The Alaska Native Claims Settlement Act , referred to in text, is Pub. L. 92–203 , Dec. 18, 1971 , 85 Stat. 688 , which is classified generally to chapter 33 (§ 1601 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under section 1601 of this title and Tables. Statutory Notes and Related Subsidiaries Effective Date Section applicable to incidents occurring after Aug. 18, 1990 , see section 1020 of Pub. L. 101–380 , set out as a note under section 2701 of Title 33 , Navigation and Navigable Waters.