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← Civil Aviation Authority of Singapore Act 2009

Civil Aviation Authority of Singapore Act 2009 s 42

Civil Aviation Authority of Singapore Act 2009 s 42

s 42 Airport licensee not to carry on non-airport business

42.—(1) Except with the prior approval of the Authority, an airport licensee for an airport must not carry on substantial trading or financial activities other than —(a) activities relating to the operation of the airport; (b) activities incidental to the operation of the airport; and (c) activities that are consistent with the lease for the airport site and the master plan for that airport. (2) Subsection (1) does not apply to a person who acquires the lease for an airport site by way of the enforcement of a loan security. (3) A contravention of this section does not affect the validity of any transaction.

Read this section in the full act → · Open Division 1 →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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