Document ID: chunk:federal_register_of_legislation:C2024C00680:section:21
Version: federal_register_of_legislation:C2024C00680
Segment Type: section
Provision Reference: s 21
Character Range: 39951–40680

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.