Airports (Transitional) Act 1996
43Capital for the FAC after consideration becomes payable
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43 Capital for the FAC after consideration becomes payable
(1) This section applies if: (a) an airport‑lessee company pays, or is liable to pay, to the Commonwealth an amount of consideration for: (i) the grant of the airport lease; and (ii) the transfer or lease of any assets under section 23 or 24; and (iii) the transfer of any assets under section 30 or 31; and (b) the Finance Minister determines in writing that the FAC should be paid a specified amount of capital. (2) The Finance Minister may authorise the payment by the Commonwealth to the FAC of the specified amount.