Regulations may require terms to be included in sublease of airport lease
34B Regulations may require terms to be included in sublease of airport lease
The regulations may require that specified kinds of terms must be included in 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 requirement in relation to the sublease:
the requirement 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 requirement—the sublease is terminated immediately after the end of that period.
In this section:
terms includes conditions.
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