Commonwealth Consolidated Acts

AIRPORTS ACT 1996 - SECT 34

             (1)  The regulations may prohibit specified kinds of subleases of an airport lease.

             (2)  A sublease of an airport lease must not be granted or varied in contravention of those regulations.

             (3)  If a purported grant or variation contravenes subsection (2), it is of no effect.

             (4)  If a sublease is in force at the time (the imposition time ) when regulations made for the purposes of subsection (1) impose a prohibition in relation to the sublease:

                     (a)  the prohibition does not have any effect on the validity of the sublease during the 90-day period beginning at the imposition time; and

                     (b)  if, at the end of that 90-day period, the sublease contravenes the prohibition--the sublease is terminated immediately after the end of that period.