Ministerial Statements. The first question to the Minister following an oral statement.
Ministerial Statements. Description: Investment Total foreign ownership of individual Australian international airlines (other than Qantas) is restricted to a maximum of 49 per cent. Furthermore, it is required that: • at least two-thirds of the Board members must be Australian citizens; • the Chairperson of the Board must be an Australian citizen; • the airline’s head office must be in Australia; and • the airline’s operational base must be in Australia.
Ministerial Statements. Description: Investment Total foreign ownership of individual Australian international airlines (other than Qantas) is restricted to a maximum of 49 per cent. Furthermore, it is required that: (a) at least two-thirds of the Board members must be Australian citizens; (b) the Chairperson of the Board must be an Australian citizen; (c) the airline’s head office must be in Australia; and (d) the airline’s operational base must be in Australia. Sector: Transport Services Obligations Concerned: National Treatment (Article 8.4) Senior Management and Boards of Directors (Article 8.11) Level of Government: Central Measures: Qantas Sale Act 1992 (Cth)
