Document ID: chunk:federal_register_of_legislation:C2018C00042:front:0:p2
Version: federal_register_of_legislation:C2018C00042
Segment Type: other
Provision Reference: 
Character Range: 2634–5547

18 Lands Acquisition Act does not apply to this Part
Part 3—Original grants of airport leases to companies
19 Simplified outline
20 Scope of Part
21 Commonwealth may grant airport lease to a Commonwealth‑owned company
22 Commonwealth may grant airport lease to a company that is not owned by the Commonwealth
23 Transfer or lease of assets to company
24 Transfer of contractual rights and obligations
25 Transfer of liability to company
26 Airport lease granted subject to existing interests in the land
27 Entries in title registers
28 Lands Acquisition Act does not apply to this Part
Part 4—Transfer of the FAC's assets or contracts to airport‑lessee companies
29 Simplified outline
30 Transfer of assets
31 Transfer of contractual rights and obligations
Part 5—Transfer of the FAC's liabilities to airport‑lessee companies
32 Simplified outline
33 Transfer of liabilities
Part 6—Treatment of sale of shares in an airport‑lessee company owned by the Commonwealth
34 Simplified outline
35 When this Part applies
36 Commonwealth may pay the FAC an amount before disposal of shares
37 Commonwealth must pay an amount to the FAC
38 Capital for the FAC following disposal of shares
Part 7—Treatment of consideration payable by an airport‑lessee company that is not owned by the Commonwealth
40 Simplified outline
41 When this Part applies
42 Commonwealth must pay an amount to the FAC
43 Capital for the FAC after consideration becomes payable
44 Appropriation of Consolidated Revenue Fund
Part 8—Special tax rules
Division 1—Simplified outline
45 Simplified outline
Division 2—Exemption from stamp duty and other taxes
46 Exemption from stamp duty and other taxes
47 Airport‑lessee company not liable to stamp duty on pre‑grant instruments
48 Stamp duty—transfers of assets or liabilities to privately‑owned companies
Division 3—Special income tax rules
48A Definitions
49B Special rules for fixtures that are depreciating assets—Income Tax Assessment Act 1997
50B Acquisition of depreciating asset from the Commonwealth—Division 40 of the Income Tax Assessment Act 1997
51B Acquisition of depreciating asset from the FAC—Division 40 of the Income Tax Assessment Act 1997
52A Consideration received by the FAC for transfer of assets—Income Tax Assessment Act 1997
54A Airport‑lessee company to be capital works owner for the purposes of Division 43 of the Income Tax Assessment Act 1997
55 Modification of capital allowances and capital gains tax provisions
Part 9—Transfer of staff from the FAC to airport‑lessee companies
Division 1—Simplified outline
57 Simplified outline
Division 2—Transfer of staff
58 Transfer of staff from the FAC
Division 3—Terms and conditions
59 Terms and conditions of transferred employees
60 Variation of terms and conditions of employment
61 Statement of accrued benefits
Division 4—Mobility rights
62 Cessation of mobility rights
Division 5—Long service leave
63 Long service leave