13Mandatory terms in licences

13 Mandatory terms in licences

For the purposes of subsection 35B(1) of the Act, the following specified kinds of terms must be included in a licence relating to an airport lease: (a) a term to the effect that the licence is automatically terminated upon the creation of an interest in the licence in favour of a person who is, either alone or with one or more associates, in a position to exercise control over either or both of the following: (i) the operation of the whole, or a substantial part of, the airport concerned; (ii) the direction to be taken in the development of the whole, or a substantial part of, the airport; (b) a term to the effect that any further licence of the licence must contain a term to the same effect as that required by paragraph (a).