Commonwealth Consolidated Acts

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AIRPORTS ACT 1996 - SECT 163A

Variation of airport lease--reducing leased area

  (1)   If the holder of an airport lease requests the Minister to vary the lease by reducing the leased area as specified in the request, the Minister may, by notice published in the Gazette , determine that the lease is varied in accordance with the request. The determination has effect accordingly.

  (2)   This Act does not prevent the Commonwealth from paying consideration to the holder of the airport lease for the variation.

  (3)   The relevant land registration official may make such entries or notations in or on registers or other documents kept by the official (in electronic form or otherwise) as the official thinks appropriate for drawing the attention of persons to the variation. For this purpose, the relevant land registration official is the Registrar of Titles or other proper officer of the State in which the airport is situated.

  (4)   This section does not, by implication, prevent the variation of an airport lease otherwise than under this section.

  (5)   This section does not, by implication, limit the operation of section   163.

 



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