71Airports (Business Concessions) Act

##### 71 Airports (Business Concessions) Act (1) Where, in accordance with Part IV, a Schedule airport or another airport becomes a Federal airport, it ceases to be an airport within the meaning of the Airports (Business Concessions) Act 1959. (2) Where, immediately before the day on which a Schedule airport or another airport became a Federal airport, the airport was an airport within the meaning of the Airports (Business Concessions) Act 1959 and: (a) land within the airport was the subject of a lease or licence granted under subsection 6(1) of that Act; or (b) a person had been granted, under subsection 8(1) of that Act, an authority in relation to the airport; the lease, licence or authority continues to have the same effect, and is subject to the same terms and conditions, on and after that day as it had or to which it was subject, as the case may be, before that day except that a reference to the Commonwealth in that lease, licence or authority shall be read as a reference to the Corporation. (3) Where, under subsection (2), a lease, licence or authority continues to have the same effect, or to be subject to the same terms and conditions, on and after the day on which a Schedule airport or another airport became a Federal airport as it had or to which it was subject, as the case may be, before that day, the Corporation may, as it considers fit, exercise in relation to that lease, licence or authority any power of the Minister under the Airports (Business Concessions) Act 1959 or that lease, licence or authority granted under that Act to the extent that the power so exercised is not inconsistent with this Act or the regulations or by‑laws under this Act. (4) For the purposes of this section, an airport shall be taken to become a Federal airport if part of the airport becomes a Federal airport.