35Regulations may prohibit licences relating to airport leases

#### 35 Regulations may prohibit licences relating to airport leases (1) The regulations may prohibit specified kinds of licences relating to an airport lease. (2) A licence relating to an airport lease must not be granted or varied in contravention of those regulations. (3) If a purported grant or variation contravenes subsection (2), it is of no effect. (4) If a licence is in force at the time (the imposition time) when regulations made for the purposes of subsection (1) impose a prohibition in relation to the licence: (a) the prohibition does not have any effect on the validity of the licence during the 90‑day period beginning at the imposition time; and (b) if, at the end of that 90‑day period, the licence contravenes the prohibition—the licence is terminated immediately after the end of that period.