Commonwealth Consolidated Acts

AIRPORTS ACT 1996 - SECT 40

                   For the purposes of this Act, an unacceptable foreign‑ownership situation exists in relation to an airport‑operator company if there is a group of foreign persons who hold, in total, a particular type of stake in the company of more than 49%.

Note 1:       A group can consist of a single foreign person--see the Schedule.

Note 2:       A person's stake includes the interests of the person's associates--see the Schedule.