Airports Company Act, 1993 (Act No. 44 of 1993)13A. Acquisition of airport |
| (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]