Airports Act 1996

The regulations may prohibit specified kinds of subleases of an airport lease.

A sublease of an airport lease must not be granted or varied in contravention of those regulations.

If a purported grant or variation contravenes subsection (2), it is of no effect.

If a sublease is in force at the time (the imposition time) when regulations made for the purposes of subsection (1) impose a prohibition in relation to the sublease:

the prohibition does not have any effect on the validity of the sublease during the 90‑day period beginning at the imposition time; and

if, at the end of that 90‑day period, the sublease contravenes the prohibition—the sublease is terminated immediately after the end of that period.