48Simplified outline

#### 48 Simplified outline The following is a simplified outline of this Division: • Airport‑operator companies for Sydney (Kingsford‑Smith) and Melbourne form a pair. • Airport‑operator companies for Sydney (Kingsford‑Smith) and Brisbane form a pair. • Airport‑operator companies for Sydney (Kingsford‑Smith) and Perth form a pair. • There is a 15% limit on the cross‑ownership of paired companies. • The Minister may declare a person to have practical control of an airport‑operator company. • If the person covered by the declaration has practical control of, or a stake of more than 15% in, each of the members of a pair, the person must take steps to ensure that there is at least one member of the pair where the person does not have: (a) a stake of more than 15%; or (b) practical control.