#### 35D Regulations may provide that a beneficial interest in a licence relating to an airport lease must not be transferred independently of the legal interest (1) The regulations may provide that a beneficial interest in a licence relating to an airport lease must not be transferred independently of the legal interest in the licence. (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.

Previous section35CRegulations may prohibit declaration of trust in respect of licence relating to airport lease Next section35ETermination of sublease or licence otherwise than under this Subdivision

Section 35D - Airports Act 1996 - Regulations may provide that a beneficial interest in a licence relating to an airport lease must not be transferred independently of the legal interest — Zoe