AIR SERVICES ACT 1995 - SECT 45 Revaluation of assets

AIR SERVICES ACT 1995 - SECT 45

    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 Finance Minister 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.