Commonwealth Consolidated Acts

AIRPORTS ACT 1996 - SECT 50

                   For the purposes of this Act, an unacceptable cross‑ownership situation exists in relation to a pair of airport‑operator companies (the first company and the second company ) and in relation to a particular person if:

                     (a)  the person holds a particular type of stake in the first company of more than 15%; and

                     (b)  the person holds any type of stake in the second company of more than 15%.

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