Airport Assets (Restructuring and Disposal) Act 2008
sec.5The project
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sec.5 The project
The project is— disposing of particular airport businesses, assets and liabilities of Cairns Ports and Mackay Ports; and taking steps to facilitate the disposal mentioned in paragraph (a) , including by— restructuring businesses, assets and liabilities of Cairns Ports and Mackay Ports, their subsidiaries and other airport entities; and disposing of airport entities: and disposing of shares in BAC Holdings held by Gateway; and taking other steps relating to the disposal of Gateway’s interest in BAC Holdings, including— restructuring Gateway and its assets for the purpose of the disposal; and facilitating agreement about the terms of a shareholders deed of covenant and facilitating execution of the deed; and disposing of shares in Gateway held by POBC, and taking steps to facilitate that disposal.
- (a) disposing of particular airport businesses, assets and liabilities of Cairns Ports and Mackay Ports; and
- (b) taking steps to facilitate the disposal mentioned in paragraph (a) , including by— (i) restructuring businesses, assets and liabilities of Cairns Ports and Mackay Ports, their subsidiaries and other airport entities; and (ii) disposing of airport entities: and
- (i) restructuring businesses, assets and liabilities of Cairns Ports and Mackay Ports, their subsidiaries and other airport entities; and
- (ii) disposing of airport entities: and
- (c) disposing of shares in BAC Holdings held by Gateway; and
- (d) taking other steps relating to the disposal of Gateway’s interest in BAC Holdings, including— (i) restructuring Gateway and its assets for the purpose of the disposal; and (ii) facilitating agreement about the terms of a shareholders deed of covenant and facilitating execution of the deed; and
- (i) restructuring Gateway and its assets for the purpose of the disposal; and
- (ii) facilitating agreement about the terms of a shareholders deed of covenant and facilitating execution of the deed; and
- (e) disposing of shares in Gateway held by POBC, and taking steps to facilitate that disposal.
- (i) restructuring businesses, assets and liabilities of Cairns Ports and Mackay Ports, their subsidiaries and other airport entities; and
- (ii) disposing of airport entities: and
- (i) restructuring Gateway and its assets for the purpose of the disposal; and
- (ii) facilitating agreement about the terms of a shareholders deed of covenant and facilitating execution of the deed; and