s 58
In forceHead office to be in Australia
Part 3Restrictions on ownership of airport‑operator companies
Division 6Head office of airport‑operator company and citizenship/residency of directors of airport‑operator company
58 Head office to be in Australia
(1)
An airport‑operator company must ensure that the central management and control of the company is ordinarily exercised at a place in Australia.
(2)
A contravention of subsection (1) is not an offence. However, a contravention of subsection (1) is a ground for obtaining an injunction under Part 15.
(3)
A contravention of subsection (1) does not affect the validity of any transaction.
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