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Airports Act 1996
27Beneficial interest in airport lease must not be transferred independently of legal interest
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27 Beneficial interest in airport lease must not be transferred independently of legal interest
(1) A beneficial interest in an airport lease must not be transferred independently of the legal interest in the lease. (2) If a purported transfer contravenes this section, it is of no effect. (3) This section does not apply to a transfer by way of the enforcement of a loan security.