Commonwealth Numbered Acts

AIRPORTS ACT 1996 No. 42, 1996 - SECT 22

(1) An airport lease is granted under section 13 subject to all existing
leases in relation to the land concerned.

(2) The following provisions have effect:

   (a)  all obligations and benefits of the Commonwealth under, or connected
        with, such an existing lease:

        (i)    pass to the airport-lessee company; and

        (ii)   cease to be enforceable by or against the Commonwealth; whether
               or not the obligations or benefits touch and concern the land;

   (b)  an instrument relating to such an obligation or benefit continues to
        have effect after the grant of the airport lease as if a reference in
        the instrument to the Commonwealth or the Federal Airports Corporation
        were a reference to the company;

   (c)  the company becomes the Commonwealth's successor in law, in relation
        to such an obligation or benefit, immediately after the grant of the
        airport lease. Note 1: The lessees of existing leases become lessees
        of the airport-lessee company. Note 2: Subsections (1) and (2) relate
        to the obligations and benefits of the Commonwealth as lessor. Section
        17 of the Airports (Transitional) Act 1996 deals with a case where the
        Commonwealth is the lessee under an existing lease.

(3) An airport lease is granted under section 13 subject to all other existing
interests in the land concerned.

(4) Paragraph (2)(b) does not modify any register kept by a land registration
official under a law of a State or Territory.

(5) In this section:
instrument includes a document.