Airports (Transitional) Act 1996
86Appropriation—grant of airport lease to Commonwealth‑owned company
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86 Appropriation—grant of airport lease to Commonwealth‑owned company
(1) The Consolidated Revenue Fund is appropriated for the purposes of the making of either or both of the following payments: (a) a payment by the Commonwealth to a Commonwealth‑owned company of an amount by way of a loan to enable the company to pay consideration for any or all or the following: (i) the grant of an airport lease under section 21; (ii) the transfer or lease of assets under section 23 or 24; (iii) the transfer of assets under section 30 or 31; (b) a payment by the Commonwealth to a Commonwealth‑owned company by way of consideration for the issue to the Commonwealth of shares in the company, where the whole or a part of the proceeds of the issue are to be applied by the company in paying consideration for any or all or the following: (i) the grant of an airport lease under section 21; (ii) the transfer or lease of assets under section 23 or 24; (iii) the transfer of assets under section 30 or 31. (2) For the purposes of this section, a Commonwealth‑owned company is a company all of whose shares are beneficially owned by the Commonwealth.