The Minister must not approve the transfer of an airport lease to a company if the Minister is satisfied that:
(a) an unacceptable foreign - ownership situation in relation to the company would come into existence in the event of the transfer; or
(b) an unacceptable airline - ownership situation in relation to the company would come into existence in the event of the transfer; or
(c) both:
(i) the company would become a member of a pair of airport - operator companies in the event of the transfer; and
(ii) an unacceptable cross - ownership situation in relation to the pair would come into existence in the event of the transfer.