While it is apparent Qantas will have to relinquish a board seat to comply with the new regulations, the carrier for some years has been seeking to sell its stake – and would surrender all board seats – but Fiji is unwilling to spend the AUD15 million that Qantas' stake is valued at. Fiji is also irritated that Qantas' LCCJetstar serves Fiji, to Air Pacific's detriment, although Virgin Australia has significantly more capacity.
- The Government of Fiji or any institution of the State;
- An individual who is a citizen of Fiji;
- A partnership each of whose partners is an individual who is a citizen of Fiji; or,
- A corporation or association of which at least 51 percent of the voting interest is owned and controlled by persons who are citizens of Fiji, at least two thirds of the board of directors and any committee are citizens of Fiji, and such corporation or association is under actual and effective control of citizens of Fiji.
Majority control moot point