The First Nations Oil and Gas and Moneys Management Act (FNOGMMA) is an act of the Parliament of Canada relating to the control of land and moneys by certain First Nations. History. Negotiations leading to the legislation were "extensive" and "spirited" with a backdrop of "complex" and "far-reaching" litigation. Provisions. By opting into this act, First Nations opt out of sections 61-69 of the Indian Act. First Nations who opt into act into the act no longer have the "Indian Act" requirement of seeking ministerial approval. Application. In 2014, the Kawacatoose First Nation became the first First Nation to opt in to the legislation.