80CLeases in master concessions over 1,000 square metres exempted

#### 80C Leases in master concessions over 1,000 square metres exempted 80C Leases in master concessions over 1,000 square metres exempted > > (1) This Act does not apply to a lease of premises at an airport passenger terminal if— > > > > > (a) the premises form part of a master concession that has an aggregate lettable area of 1,000 square metres or more, and > > > > > (b) the lease is a head lease under the master concession, and > > > > > (c) the premises are used wholly or predominantly for carrying on the business of the supply of food and beverages or the supply of products that are duty free or tax free. > > > (2) Premises at an airport passenger terminal that are all leased to the same lessee comprise a master concession and the leases to that lessee are the head leases under that master concession. > > > (3) The aggregate lettable area of a master concession is the aggregate of the lettable areas of the premises that comprise the master concession. > > **s 80C:** Ins 2002 No 106, Sch 1 \[7\]. Am 2024 No 5, Sch 5\[9\].