Commonwealth Consolidated Acts

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AIR SERVICES ACT 1995 - SECT 45

Revaluation of assets

                   The Board must ensure that AA's assets are revalued in accordance with prevailing commercial practice and in the manner (if any) agreed between the Minister for Finance and the Minister:

                     (a)  if the assets have not previously been revalued under this section--within 5 years after the commencement of this section; or

                     (b)  in any other case--within 5 years after the last day on which the assets were revalued under this section.



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