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AIRPORTS (TRANSITIONAL) ACT 1996 No. 36 of 1996 - SECT 10
10 Simplified outline
The following is a simplified outline of this Part:
. Airport land and certain other assets and liabilities will be transferred
from the FAC to the Commonwealth.
. If airport land is transferred to the Commonwealth, the airport will cease
to be a Federal airport for the purposes of the Federal Airports Corporation
Act 1986 .
. Land transfers may be registered by State/Territory land registration
officials.
. If the Commonwealth has a lease of any transferred land, the Commonwealth's
interest under the lease does not merge in the greater estate or interest that
becomes vested in the Commonwealth under this Part.
. The Lands Acquisition Act 1989 does not apply to anything done under this
Part.
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