44Meaning of unacceptable airline‑ownership situation

#### 44 Meaning of unacceptable airline‑ownership situation (1) For the purposes of this Act, an unacceptable airline‑ownership situation exists in relation to an airport‑operator company for an airport and in relation to a particular airline if the airline holds a particular type of stake in the company of more than 5%. > Note: A person’s stake includes the interests of the person’s associates—see the Schedule. (2) The regulations may specify that subsection (1) does not apply to: (a) specified airports (not being core regulated airports); or (b) specified airports (not being core regulated airports) in specified circumstances.