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AIRPORTS ACT 1996 - SECT 34D
Regulations may provide that a beneficial interest in a sublease of airport lease must not be transferred independently of the legal interest
(1) The regulations may provide that a beneficial interest in a
sublease of an airport lease must not be transferred independently of the
legal interest in the sublease.
(2) If a purported transfer contravenes those regulations, it is
of no effect.
(3) This section does not apply to a transfer by way of the
enforcement of a loan security.
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