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AIRPORTS ACT 1996 No. 42, 1996 - SECT 21
21 No grant of lease if Part 3 contravened
(1) The Commonwealth must not grant an airport lease to a company if the
Minister is satisfied that:
(a) an unacceptable foreign-ownership situation in relation to the company
would come into existence in the event of the grant; or
(b) an unacceptable airline-ownership situation in relation to the company
would come into existence in the event of the grant; or
(c) both:
(i) the company would become a member of a pair of airport-operator
companies in the event of the grant; and
(ii) an unacceptable cross-ownership situation in relation to the
pair would come into existence in the event of the grant.
(2) If a purported grant contravenes this section, it is of no effect.
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