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COMMONWEALTHAct
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s 23

Restriction on acquisition of airport lease

In force
Part 2Leasing and management of airports
Division 4Restrictions on acquisition and transfer of airport leases

23 Restriction on acquisition of airport lease

(1)

A person must not acquire an airport lease, or an interest in an airport lease, unless:

(a)

the person is a qualified company; or

(b)

the acquisition is by way of the enforcement of a loan security and the person is a constitutional corporation.

(2)

If a purported acquisition contravenes this section, it is of no effect.

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