Rules about airport leases
14 Rules about airport leases
Grant
The Commonwealth must not grant an airport lease unless the lease complies with subsection (5).
Variation
An airport lease must not be varied unless the varied lease complies with subsection (5).
Transfer
The Minister must not approve the transfer of an airport lease unless the transferred lease complies with subsection (5).
Contravention
If a purported grant, variation or approval contravenes this section, it is of no effect.
Rules about airport leases
An airport lease complies with this subsection if:
there is a single lessee; and
the lessee is a qualified company; and
the term of the lease is not longer than 50 years (with or without an option to renew the lease for up to 49 years); and
if the airport is neither a joint‑user airport nor Sydney West Airport—the lease provides for the use of the site as an airport (whether or not the lease also provides for other uses); and
if the airport is a joint‑user airport—the lease provides for the use of the leased area for purposes in connection with the airport (whether or not the lease also provides for other uses); and
if the airport is Sydney West Airport—the lease provides for the development of the site as an airport or the use of the site as an airport, or both (whether or not the lease also provides for other developments or other uses); and
the lease provides for access to the airport by interstate air transport or international air transport, or both (whether or not the lease also provides for other access).
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