34D
CurrentRegulations may provide that a beneficial interest in a sublease of airport lease must not be transferred independently of the legal interest
Part 2Leasing and management of airports
Division 6Restrictions on lessees
Subdivision CSubleases and licences
34D Regulations may provide that a beneficial interest in a sublease of airport lease must not be transferred independently of the legal interest
(1)
The regulations may provide that a beneficial interest in a sublease of an airport lease must not be transferred independently of the legal interest in the sublease.
(2)
If a purported transfer contravenes those regulations, it is of no effect.
(3)
This section does not apply to a transfer by way of the enforcement of a loan security.
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.