Document ID: chunk:federal_register_of_legislation:C2024C00152:section:39db
Version: federal_register_of_legislation:C2024C00152
Segment Type: section
Provision Reference: s 39DB
Character Range: 40796–41488

39DB  Restrictions on financial transactions
 (1) Infrastructure Australia must not, without the written approval of the Minister:
 (a) acquire any property, right or privilege for a consideration exceeding in amount or value the amount prescribed by the regulations for the purposes of this paragraph; or
 (b) dispose of any property, right or privilege if the amount or value of the consideration for the disposal, or the value of the property, right or privilege, exceeds the amount prescribed by the regulations for the purposes of this paragraph; or
 (c) enter into a lease of land for a period exceeding 10 years.
 (5) An approval under subsection (1) is not a legislative instrument.