Document ID: chunk:federal_register_of_legislation:C2024C00680:section:25
Version: federal_register_of_legislation:C2024C00680
Segment Type: section
Provision Reference: s 25
Character Range: 43296–43979

25  No transfer of lease if Part 3 contravened
  The Minister must not approve the transfer of 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 transfer; or
 (b) an unacceptable airline‑ownership situation in relation to the company would come into existence in the event of the transfer; or
 (c) both:
 (i) the company would become a member of a pair of airport‑operator companies in the event of the transfer; and
 (ii) an unacceptable cross‑ownership situation in relation to the pair would come into existence in the event of the transfer.