In this Act,
“Minister” means the Minister of Transportation. ;
(1) The Crown in right of Ontario, represented by the Minister, may enter into agreements with the Government of Canada, any municipality, corporation or individual, or any one or more of them, with respect to any matter in relation to the acquisition, establishment, extension, improvement, construction, operation or maintenance of airports to serve any one or more areas in Ontario, and the Minister may provide funds to the municipality, corporation or individual for such purposes.
Any municipality may enter into agreements under subsection (1).
(1) The Minister may acquire, establish, construct, operate and maintain airports and landing grounds to serve any one or more areas in Ontario.
The Minister may set apart any part of an airport or landing ground under the Minister’s jurisdiction and control, or any building, premises or structure thereon, or any part thereof, for a limited use and may lease the same at such rental and upon such terms and conditions as the Minister considers proper.
A lease under subsection (2) for a term of twenty-one years or longer is subject to the approval of the Lieutenant Governor in Council.