34C
CurrentRegulations may prohibit declaration of trust in respect of sublease of airport lease
Part 2Leasing and management of airports
Division 6Restrictions on lessees
Subdivision CSubleases and licences
34C Regulations may prohibit declaration of trust in respect of sublease of airport lease
(1)
The regulations may provide that the sublessee of an airport lease must not dispose of the sublease by way of declaration of trust.
(2)
If a purported disposal contravenes those regulations, it is of no effect.
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