35C
CurrentRegulations may prohibit declaration of trust in respect of licence relating to airport lease
Part 2Leasing and management of airports
Division 6Restrictions on lessees
Subdivision CSubleases and licences
35C Regulations may prohibit declaration of trust in respect of licence relating to airport lease
(1)
The regulations may provide that the holder of a licence relating to an airport lease must not dispose of the licence by way of declaration of trust.
(2)
If a purported disposal contravenes those regulations, it is of no effect.
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