Print Options
PrintThe Whole
Order
PrintThe Whole
Part
PrintThe Whole
Cross Heading
PrintThis
Section
only
Status:
Point in time view as at 01/10/2009.
Changes to legislation:
The Airports (Northern Ireland) Order 1994, Section 52 is up to date with all changes known to be in force on or before 27 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
Changes to Legislation
Changes and effects yet to be applied by the editorial team are only applicable when viewing the latest version or prospective version of legislation. They are therefore not accessible when viewing legislation as at a specific point in time. To view the ‘Changes to Legislation’ information for this provision return to the latest version view using the options provided in the ‘What Version’ box above.
The reorganisation schemeN.I.
52.—(1) Before such date as the Department may direct, the Holding Company shall make a scheme (referred to in this Article and Article 53 as the “reorganisation scheme”) for—
(a)the transfer to the Holding Company of the estate of NIAL in specified land;
(b)the surrender by NIAL of any specified lease; and
(c)the granting by the Holding Company to NIAL of a lease of specified land on specified terms.
(2) On the specified day—
(a)the estate of NIAL in any land specified under paragraph (1)(a) shall, by virtue of this paragraph, vest in the Holding Company; and
(b)any lease specified under paragraph (1)(b) shall be deemed to have been surrendered by NIAL.
(3) It shall be the duty of the Holding Company and of NIAL before the transfer date to enter into a lease of land specified under paragraph (1)(c) on terms so specified.
(4) The reorganisation scheme may make such supplementary, incidental and consequential provisions as the Holding Company considers appropriate.
(5) In this Article “specified” means specified in the reorganisation scheme.
Yn ôl i’r brig