CTHIn ForceAct
Airports Act 1996
35DRegulations may provide that a beneficial interest in a licence relating to an airport lease must not be transferred independently of the legal interest
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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.