Airports (Ownership) Regulations 2024
5Definitions
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5 Definitions
Note: A number of expressions used in this instrument are defined in the Act, including the following:
(a) airline;
(b) airport‑operator company;
(c) unacceptable airline‑ownership situation;
(d) unacceptable cross‑ownership situation;
(e) unacceptable foreign‑ownership situation.
(1) In this instrument:
Act means the Airports Act 1996.
details of a person means:
(a) if the person is an individual:
(i) the person’s name; and
(ii) the address of the person’s usual residence; and
(iii) the person’s citizenship, or (if the person claims more than one citizenship) each citizenship that the person claims; or
(b) if the person is a corporation:
(i) the corporation’s name; and
(ii) the place in which the corporation is incorporated; and
(iii) the address of the corporation’s registered office or principal office; or
(c) if the person is a foreign government body:
(i) the name of the relevant foreign state (within the meaning of the Foreign States Immunities Act 1985); and
(ii) the address of the body’s principal office.
entity has the meaning given by section 64A of the Corporations Act 2001.
investment fund means any of the following:
(a) a fund of the kind generally known as a unit trust (except a unit trust of the kind generally known as a discretionary trust);
(b) a statutory fund, within the meaning of the Life Insurance Act 1995, of a life insurance company;
(c) a superannuation entity, within the meaning of the Superannuation Industry (Supervision) Act 1993;
(d) an exempt public sector superannuation scheme, within the meaning of the Superannuation Industry (Supervision) Act 1993.
ownership matter has the meaning given by subsection 60(6) of the Act.
(2) An expression used in this instrument and in the Schedule to the Act has the same meaning in this instrument as it has in the Schedule to the Act.
Note: The following are examples of expressions used in this instrument and in the Schedule to the Act:
(a) associate;
(b) direct control interest;
(c) foreign government body;
(d) foreign person;
(e) interest in a share;
(f) ownership provisions;
(g) share;
(h) stake.