Introduction Purpose This Regulation Impact Statement (RIS) has been prepared by the Department of Infrastructure and Regional Development for assessment by the Office of Best Practice Regulation and concerns market access facilitation, and in particular airport ownership restrictions, for the Western Sydney Airport (WSA) project. Context As part of the Government’s sale of Sydney (Kingsford-Smith) Airport (KSA) in 2002, the purchaser, Southern Cross Airports Corporation Pty Ltd (SCAC), was provided with the opportunity to develop and operate any second major airport in the Sydney region, within 100 kilometres of the Sydney GPO. By virtue of the Government’s 15 April 2014 announcement that the site for Western Sydney’s airport will be Badgerys Creek, this right has been activated.
Introduction Purpose This Regulation Impact Statement (RIS) has been prepared by the Department of Infrastructure and Regional Development for assessment by the Office of Best Practice Regulation and concerns market access facilitation, and in particular airport ownership restrictions, for the Western Sydney Airport (WSA) project. Context As part of the Government’s sale of Sydney (Kingsford-Smith) Airport (KSA) in 2002, the purchaser, Southern Cross Airports Corporation Pty Ltd (SCAC), was provided with the opportunity to develop and operate any second major airport in the Sydney region, within 100 kilometres of the Sydney GPO. By virtue of the Government’s 15 April 2014 announcement that the site for Western Sydney’s airport will be Badgerys Creek, this right has been activated.
Regulation-Impact-Statement.docx