AIRPORTS (TRANSITIONAL) ACT 1996
Table of Provisions
PART 1--INTRODUCTION
- 1 Short title
- 2 Commencement
- 3 Simplified outline
- 4 Definitions
- 5 Sydney West Airport
- 6 Sale time for Commonwealth - owned company
- 7 Crown to be bound
- 8 External Territories
- 9 Extra - territorial operation
PART 2--TRANSFERS--FROM THE FAC TO THE COMMONWEALTH
- 10 Simplified outline
- 11 Transfer of FAC land to the Commonwealth
- 12 Transfer of other FAC assets to the Commonwealth
- 13 Transfer of the FAC's contractual rights and obligations to the Commonwealth
- 14 Transfer of FAC liabilities to the Commonwealth
- 15 Transferred airport ceases to be a Federal airport for purposes of the FAC Act
- 16 Transfers of FAC land may be registered
- 17 FAC land leased to the Commonwealth
- 18 Lands Acquisition Act does not apply to this Part
PART 3--ORIGINAL--GRANTS OF AIRPORT LEASES TO COMPANIES
- 19 Simplified outline
- 20 Scope of Part
- 21 Commonwealth may grant airport lease to a Commonwealth - owned company
- 22 Commonwealth may grant airport lease to a company that is not owned by the Commonwealth
- 23 Transfer or lease of assets to company
- 24 Transfer of contractual rights and obligations
- 25 Transfer of liability to company
- 26 Airport lease granted subject to existing interests in the land
- 27 Entries in title registers
- 28 Lands Acquisition Act does not apply to this Part
PART 4--TRANSFER--OF THE FAC'S ASSETS OR CONTRACTS TO AIRPORT-LESSEE COMPANIES
- 29 Simplified outline
- 30 Transfer of assets
- 31 Transfer of contractual rights and obligations
PART 5--TRANSFER--OF THE FAC'S LIABILITIES TO AIRPORT-LESSEE COMPANIES
- 32 Simplified outline
- 33 Transfer of liabilities
PART 6--TREATMENT--OF SALE OF SHARES IN AN AIRPORT-LESSEE COMPANY OWNED BY THE COMMONWEALTH
- 34 Simplified outline
- 35 When this Part applies
- 36 Commonwealth may pay the FAC an amount before disposal of shares
- 37 Commonwealth must pay an amount to the FAC
- 38 Capital for the FAC following disposal of shares
PART 7--TREATMENT--OF CONSIDERATION PAYABLE BY AN AIRPORT-LESSEE COMPANY THAT IS NOT OWNED BY THE COMMONWEALTH
- 40 Simplified outline
- 41 When this Part applies
- 42 Commonwealth must pay an amount to the FAC
- 43 Capital for the FAC after consideration becomes payable
- 44 Appropriation of Consolidated Revenue Fund
PART 8--SPECIAL--TAX RULES
Division 1--Simplified outline
Division 2--Exemption from stamp duty and other taxes
- 46 Exemption from stamp duty and other taxes
- 47 Airport - lessee company not liable to stamp duty on pre - grant instruments
- 48 Stamp duty--transfers of assets or liabilities to privately - owned companies
Division 3--Special income tax rules
PART 9--TRANSFER--OF STAFF FROM THE FAC TO AIRPORT-LESSEE COMPANIES
Division 1--Simplified outline
Division 2--Transfer of staff
- 58 Transfer of staff from the FAC
Division 3--Terms and conditions
- 59 Terms and conditions of transferred employees
- 60 Variation of terms and conditions of employment
- 61 Statement of accrued benefits
Division 4--Mobility rights
- 62 Cessation of mobility rights
Division 5--Long service leave
- 63 Long service leave rules set out in Schedule 1
Division 6--Superannuation
- 64 Superannuation rules set out in Schedule 2
Division 7--Safety, Rehabilitation and Compensation Act 1988
PART 10--FAC----DEBTS
Division 1--Simplified outline
Division 2--Loans by the Commonwealth
- 67 Scope of Division
- 68 Treasurer may declare that loan is due and payable
- 69 Commonwealth may pay the FAC an amount equal to the amount owing
Division 3--Other borrowing transactions
- 71 Scope of Division
- 72 Borrowing transactions
- 73 FAC's borrowing transactions may become the Commonwealth's borrowing transactions
- 74 Commonwealth takeover of certain obligations of the FAC
- 75 Application of the Loans Securities Act 1919
- 76 Commonwealth takeover of obligations--payments by the FAC to the Commonwealth
- 77 Commonwealth may pay the FAC an amount to enable the FAC to discharge or extinguish its liability under a borrowing transaction
PART 11--PROSECUTIONS
PART 12--AIRPORT---LESSEE COMPANY NOT TO BE AN AGENCY OF THE COMMONWEALTH ETC.
- 81 Simplified outline
- 82 Airport - lessee company not to be an agency of the Commonwealth etc.
PART 13--MISCELLANEOUS
- 83 Simplified outline
- 84 Transfer of pending proceedings
- 85 Operation of this Act does not place a person in breach of contract etc.
- 86 Appropriation--grant of airport lease to Commonwealth - owned company
- 87 This Act does not modify registers kept by land registration officials
- 88 Declarations that are contingent on the grant of an airport lease may be varied or revoked before the grant
- 89 Copies of declarations to be published in the Gazette
- 90 Compensation--constitutional safety - net
- 91 Commonwealth records
- 92 Act does not authorise the imposition of taxation
- 93 Regulations