Commonwealth Numbered Regulations - Explanatory Statements

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AIRPORTS (TRANSITIONAL) REGULATIONS 1998 1998 NO. 206

STATUTORY RULES 1998 No. 206

Issued by the Authority of the Minister for Finance and Administration

Airports (Transitional) Act 1996

Airports (Transitional) Regulations

Section 93 of the Airports (Transitional) Act 1996 (the Act) provides that the GovernorGeneral may make regulations prescribing matters that are required or permitted by the Act to be prescribed, or that are necessary or convenient to be prescribed for carrying out or giving effect to the Act.

Section 20 of the Act provides that regulations may specify an airport to which Part 3 of the Act will apply. Part 3 sets up a framework for the granting of airport leases and the subsequent transfer of assets to airport lessee companies. It also provides for the transfer of certain contracts and liabilities to the airport lessee company.

The purpose of the Airports (Transitional) Regulations (the Regulations) is to apply Part 3 of the Act to various specified non-core regulated airports in order to apply the framework for the granting of airport leases outlined in the Act to those airports. The airports are Bankstown, Camden and Hoxton Park m Sydney, New South Wales; Essendon in Victoria; and Jandakot in Western Australia. All of these airports will be leased to airport lessee companies and will come under the regulatory regime set out in the Airports Act 1996.

The Regulations commenced on 1 July 1998.