Document ID: chunk:federal_register_of_legislation:C2018C00042:section:86
Version: federal_register_of_legislation:C2018C00042
Segment Type: section
Provision Reference: s 86
Character Range: 70551–71702

86  Appropriation—grant of airport lease to Commonwealth‑owned company
 (1) The Consolidated Revenue Fund is appropriated for the purposes of the making of either or both of the following payments:
 (a) a payment by the Commonwealth to a Commonwealth‑owned company of an amount by way of a loan to enable the company to pay consideration for any or all or the following:
 (i) the grant of an airport lease under section 21;
 (ii) the transfer or lease of assets under section 23 or 24;
 (iii) the transfer of assets under section 30 or 31;
 (b) a payment by the Commonwealth to a Commonwealth‑owned company by way of consideration for the issue to the Commonwealth of shares in the company, where the whole or a part of the proceeds of the issue are to be applied by the company in paying consideration for any or all or the following:
 (i) the grant of an airport lease under section 21;
 (ii) the transfer or lease of assets under section 23 or 24;
 (iii) the transfer of assets under section 30 or 31.
 (2) For the purposes of this section, a Commonwealth‑owned company is a company all of whose shares are beneficially owned by the Commonwealth.