Commonwealth Consolidated Regulations

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AIRPORTS (OWNERSHIP) REGULATIONS 2024 - REG 15

Indirect interest - holders

Prescribed interest

  (1)   An interest in a share is an interest of a prescribed kind if the interest exists solely because the interest - holder is a shareholder in a company that is none of the following:

  (a)   a foreign person within the meaning of the Foreign Acquisitions and Takeovers Act 1975 ;

  (b)   an airport lessee company;

  (c)   a designated holding company mentioned in clause   14 of the Schedule to the Act;

  (d)   a holding company to which section   14 of this instrument applies.

Prescribed person

  (2)   The interest - holder mentioned in subsection   (1) is a prescribed person.



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