Document ID: chunk:federal_register_of_legislation:C2018C00042:section:10
Version: federal_register_of_legislation:C2018C00042
Segment Type: section
Provision Reference: s 10
Character Range: 14150–14923

10  Simplified outline
  The following is a simplified outline of this Part:

         • Airport land and certain other assets and liabilities will be transferred from the FAC to the Commonwealth.
         • If airport land is transferred to the Commonwealth, the airport will cease to be a Federal airport for the purposes of the Federal Airports Corporation Act 1986.
         • Land transfers may be registered by State/Territory land registration officials.
         • If the Commonwealth has a lease of any transferred land, the Commonwealth's interest under the lease does not merge in the greater estate or interest that becomes vested in the Commonwealth under this Part.
         • The Lands Acquisition Act 1989 does not apply to anything done under this Part.