s 23
In forceRestriction on acquisition of airport lease
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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