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Section 34D - Airports Act 1996 - Regulations may provide that a beneficial interest in a sublease of airport lease must not be transferred independently of the legal interest | Zoe

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Home/Legislation/Airports Act 1996/34D

CTHIn ForceAct

Airports Act 1996

34DRegulations may provide that a beneficial interest in a sublease of airport lease must not be transferred independently of the legal interest

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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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