Commonwealth Numbered Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

AIRPORTS ACT 1996 No. 42, 1996 - SECT 59

59 Majority of directors must be Australian citizens or Australian residents

(1) An airport-operator company must ensure that a majority of its directors
are:

   (a)  Australian citizens; or

   (b)  foreign citizens ordinarily resident in Australia.

(2) A contravention of subsection (1) is not an offence. However, a
contravention of subsection (1) is a ground for obtaining an injunction under
Part 15.

(3) A contravention of subsection (1) does not affect the validity of any
transaction. 


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback