Airports Company Act, 1993 (Act No. 44 of 1993)

13A. Acquisition of airport

Purchase

(1)	The company shall not directly or indirectly acquire or construct an airport in the Republic without the prior approval of the Committee.

(2)	In subsection (1) "acquire" includes acquire by purchase, lease, concession, or any other means, whereby the company effectively becomes the owner.

(3)	In determining whether to grant its approval under subsection (1), the Committee shall only consider and evaluate the implications of the acquisition or construction of the airport for—

(a) the transport system of the Republic; and

(b) the users of the airport.

[Section 13A inserted by section 14 of Act No. 2 of 1998]