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Airports (Transitional) Act 1996
40Simplified outline
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#### 40 Simplified outline
The following is a simplified outline of this Part:
• This Part applies if an airport‑lessee company is not owned by the Commonwealth.
• If consideration becomes payable by the company to the Commonwealth for the grant of the airport lease and the transfer or lease of any airport assets:
(a) the Commonwealth will pay an amount to the FAC; and
(b) the FAC will pay the Commonwealth an equivalent amount by way of return of capital; and
(c) the Finance Minister may determine that the FAC should be paid capital.