s 27
In forceBeneficial interest in airport lease must not be transferred independently of legal interest
Part 2Leasing and management of airports
Division 4Restrictions on acquisition and transfer of airport leases
27 Beneficial interest in airport lease must not be transferred independently of legal interest
(1)
A beneficial interest in an airport lease must not be transferred independently of the legal interest in the lease.
(2)
If a purported transfer contravenes this section, it is of no effect.
(3)
This section does not apply to a transfer by way of the enforcement of a loan security.
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