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Airports Company Act, 1993 [No. 44 of 1993] - G 14697

AIRPORTS COMPANY ACT NO>. 44 OF 1993
[ASSENTED TO 25 MARCH, 1993][DATE OF COMMENCEMENT: 9 APRIL, 1993]

(Unless otherwise indicated)

(Afrikaans text signed by the State President)


ACT

To provide for the transfer of certain assets and fnuctions of the State to a public company to be established and for matters connected therewith.

1. Definitions.In this Act, unless the context otherwise indicates


airport means an airport as defined in section 1 of the Aviation Act, 1962 (Act No. 74 of 1962), and includes an aerodrome transferred in terms of section 6 (1) (a) of this Act;


airport charge” means an amount levied by the company

(a)on an operator of an aircraft in connection with the landing, parking or takeoff of such aircraft at a company airport, including an amount determined to any extent by reference to
the number of passengers on board an aircraft; or

(b)on aircraft passengers in connection with their arrival at or departure from a company airport by means of an aircraft;


Committee means the Regulating Committee established by section 11;


company means the Airports Company Limited contemplated in section 2;


company airport means an airport contemplated in section 4; “Department” means the Department of Transport;
financial year”, in relation to the company, means a year
terminating on the last day of March; “Minister” means the Minister of Transport;
permission” means a permission mentioned in seciton 12 (1);


relevant activity”, in relation to a company airport, means the provision at such airport of any service or facility for the
purposes of

(a)the landing, parking or tak-eoff of an aircraft;

(b)the servicing of an aircraft, inclduing the supply of fuel; or

(c)the handling of aircraft passengers or their baggage or of
cargo at all stages while they are or it is on the premises of such
airport, including the transfer of such passengers, their baggage or such cargo to and from an aircraft;


Shareholding Minister means the Minister mentioned in section 3 (4);


transfer date means the date on which the Minister gives effect to the provisions of section 6 (1), and which shall be published by the Minister by notice in the Gazette.

2. Establishment of public company.(1) On a date to be fixed by the Minister by notice in the Gazette there shall be established a public company to be known as the Airports Company Limited.

(2) Notwithstanding the provisions of the Companies Act, 1973 (Act No. 61 of 1973), the Shareholding Minister shall on behalf of the State sign the memorandum of association and the
articles of association of the proposed company.

(3) If the memorandum of association and teh articles of association have been so signed they shall, as far as the signing thereof is concerned, be deemed to comply with the
requirements of the Companies Act, 1973, for the registration in terms of the said Act, of any such memorandum or aritcles.

(4) On receipt of the memorandum and articles so signed the registrar of companies shall register the said memorandum and articles as contemplated in section 63 of the Companies Act,
1973, and endorse thereon a certificate that the companyis incorporated.

(5) No fees shall be payable in terms of the Companies Act,
1973, in respect of the checking of documents, the reservation of the name, the registration of the said memorandum and articles and the issue of a certificate to commence business.

(6) The provisions of sections 66 and 344 (d) of the Companies Act, 1973, shall not apply to the company as long as the State is the sole member and shareholder of the company.

(7) (a) The directors shall be no-nexecutive and executive directors.

(b) The majority of the directors shall be no-nexecutive directors.

(c) The majority of the non-executive directors shall be persons who are not officers or employees as defined in section 1 of the Public Service Act, 1984 (Act No. 111 of 1984).


(d) The Shareholding Minister shall, in appointing the no-n executive directors contemplated in paragraph (c), consult with appropriate interested parties.
3. Share capital of company.(1) The State shall be the holder of the shares in the company.

(2) The said shares shall only be sold or otherwise disposed of with the approval, by resolution, of Parliament.

(3) The rights attached to the shares of which the State is the holder shall be exercised by theShareholding Minister on behalf of the State.

(4) The State President shall designate a Minister as the
Shareholding Minister.

4. Objects of company.The objects of the company are the acquisition, establishment, development, provision, maintenance, management, control or operation of any airport,
any part of any airport or any facility or service at any airport
normally related to the functioning of an airport.

5. Functions of company.(1) The functions of the company shall be to achieve its objects with the means at its disposal.

(2) The company shall

(a)not have any financial interest, direct or indirect, in the provision of any air service as defined in section 1 of the Air Services Licensing Act, 1990 (Act No. 151 of 1990), or in
section 1 of the International Air Services Act, 1949 (Act No.
51 of 1949);

(b)not unduly discriminate against or among various users or categories of users of any company airport;

(c)conduct its business in such a manner thatthe national interest is not jeopardized;

(d)conduct its business in such a manner as to ensure that the company does not engage in any restrictive practice as defined in section 1 of the Maintenance and Promotion of Competition Act, 1979 (Act No. 96 of 1979);

(e)not change the level or modify the structure of any airport charge more than twice within a financial year;

(f)publish any airport charge by notice in the Gazette at least three months prior to the coming into operation of suhc charge; and

(g)take all the necessary steps to facilitate the performance of any function or duty by any department of State at a company airport in terms of any law.

(3) The company may, in order to perform its functions or
attain any of its objects, raise money from time to time with the approval of the Shareholding Minister and the Minister of
Finance by way of loans from any source.

6. Transfer of aerodromes to company.(1) On or after 1
April 1993, subject to the provisionsof this section and after consultation with the Shareholding Minister, the Minister of Public Works and the Minister of Finance, the Minister

(a)shall by agreement
(i)transfer to the company the responsibility for the maintenance, management, control and operation of all the aerodromes which have been or are in the process of being established by the said date in terms of section 6 of the Aviation Act, 1962 (Act No. 74 of 1962); and

(ii)transfer to the company such assets owned by, ro liabilities, rights or obligations of, the State as may be necessary for the effective maintenance, management, control and operation of

the said aerodromes; and

(b)may under subsection (3) or (4) transfer any person to the company or make available the services of any person to the company.

(2) The agreement mentioned in subsection (1) (a) shall include provisions concerning

(a)the relationship between the company and the State as member and shareholder of the company;

(b)the extent of the assets, liabilities, rights and obligations to be transferred in terms of that subsection; or

(c)any other matter which the Minister deems expedient for the functioning of the company.

(3) The Minister may, in accordance with the rpovisions of an agreement concluded between the Department and the
company, with the concurrence of the Commission for
Administration transfer to the company any person who is an officer or employee in the Department in terms of the Public Service Act, 1984 (Act No. 111 of 1984).

(4) (a) Notwithstanding any provision to the contrary in any other law, the Minister may make available to the company the services of any person who is an officer or employee in the Department in terms of thePublic Service Act, 1984 (Act No.
111 of 1984), and place such person under the control of the company for such period as he may deem fit but without
prejudice to such person’s position as such officer or employee.

(b) The company shall compensate the Department at a scale determined by the Minister, with the concurrence of the
Minister of State Expenditure, for the services of any person so
made available to the company.

(c) A person dealt with in accordance with paragraph (a) may within 90 days after such action make representations to the Minister advancing reasons for his services not being made available to the company under paragraph (a), whereupon the Minister may amend or withdraw his decision.

(d) The Minister may delegate, on such conditions as he may deem fit, to an officer in the Department any power granted to him by this subsection.

(5) The company shall, as consideration for the transfer of assets, liabilities, rights or obligations in terms of subsecotni (a), issue to the State additional fully pai-dup shares in the company to a value determined by the Minister, with the concurrence of the Minister of Finance, the Minister of Public Works and the Shareholding Minister and after consultation


(1)
with the company, and such value shall be deemed to be reasonable consideration for such transfer.

(6) Notwithstanding any provision to the contrary in any other law, the company shall on the transfer date become the owner of the assets, movable and immovable, transferred to it in terms of subsection (1) (a).


(7) Notwithstanding the provisions of section 5 of the State Land Disposal Act, 1961 (Act No. 48 of 1961), and section 18 of the Deeds Registries Act, 1937 (Act No. 47 of 1937), a
registrar as defined in section 102 of the Deeds Registries Act,
1937, shall, on submission to him of a certificate by the
Minister of Public Works that State land has been transferred in terms of subsection (1) (a), free of charge make such entreis and endorsements as he may deem necessary in or on any
appropriate register, title deed or other document in his office or laid before him, in order to register the transfer of such land in the name of the company.

(8) A registrar referred to in subsection (7) shall, on submission to him of a certificate by the Minister of Public Works that a servitude, other real right or lease has been transferred in terms of subsection (1) (a) or that a servitude exists over State land which has been transferred in terms of that subsection, free of charge make such entries and endorsements as he may deem
necessary in or on any appropriate register, title deed or other document in his office or laid before him, in order to

(a)register the transfer of such servitude, other real right or lease in the name of the company; or

(b)confirm the existence of the servitude over the State land so transferred in favour of any other person.

(9) Notwithstanding legal provisions to the contrary,no servitude or other right of any kind in respect of State land transferred to the company in terms of subsection (1) (a) shall be acquired by prescription.

(10) The company shall be substituted for the State as a contracting party in respectof any contract transferred to the company in terms of subsection (1) (a), without such substitution bringing about novation of such contract.

(11) Any litigation resulting from any cause of action in relation to the maintenance, management, cotnrol and operation of an aerodrome transferred to the company in terms of subsection (1) (a) which arose

(a)before the transfer date, shall be conducted by or against the
State, as the case may be; and

(b)on or after the transfer date, shall eb conducted by or against the company, as the case may be.

(12) Notwithstanding any provision to the contrary in any other law, the company shall be exempt from any stamp duties,
transfer duties or registering fees payable in terms of any law in relation to the transfer to the company of assets or rights in terms of subsection (1) (a).

(13) Unless otherwise provided for in this Act, the company shall not alienate or encumber, otherwise than in the normal
course of its business, assetstransferred to the company in terms of subsection (1) (a) having a value of more than 10 per cent of the value contemplated in subsection (5).

(14) For the purposes of the Income Tax Act, 1962 (Act No. 58 of 1962), the assets mentioned in subseciton (1) (a) shall be deemed to have been acquired in terms of that subsection by the company at a price equivalent to the value determined in terms of subsection (5).

7. Submission of business plan.(1) Unless otherwise
provided for in this Act, the company shall not later than three months prior to the commencement of any financial year,
submit to the Shareholding Minister a business plan.

(2) The said business plan shall in respect of the ensuing financial year and each of the fourimmediately following financial years, contain the prescribed information and such other information as the Shareholding Minister may require.

(3) The procedures for approving that business plan shall be as prescribed.

8. Annual report.(1) The company shall submit to the
Shareholding Minister an annual report, including its audited
and approved financial statements in respect of all its business
and in respect of each company airport separately, within three months of the end of each financial year.

(2) The Shareholding Minister shall lay the said report upon the Table in Parliament within 30 days after the receipt thereof, if Parliament is in session, or, if Parliament is not then in session, within 30 days after the commencement of its next ensuing
session.

9. Sale of expropriated land.Any land expropriated by the State under section 3 (2) (h) of the Expropriation Act, 1975 (Act No. 63 of 1975), read with section 16 of this Act, and transferred to the company in terms of the first-mentioned Act, shall not be sold without the consent of the Shareholding Minister.

10. Minister may issue orders.(1) The Minister may by
order require the company to do or not to do what is mentioned
in the order, if the Minister considers it necessary or expedient so to order

(a)in the interest of national security; or

(b)to discharge or facilitate the discharge of an international obligation of the State.

(2) Any order under subsection (1) shall not beinconsistent with the provisions of the Aviation Act, 1962 (Act No. 74 of
1962), or the Civil Aviation Offences Act, 1972 (Act No. 10 of
1972), unless such inconsistency is in the interest of national
security.

(3) The Minister shall consult

iwth the company prior to an
order by him under subsection (1).

(4) The company shall take all the necessary steps to give effect to an order under subsection (1).
(5) The Minister shall to such extent as he may determine with the concurrence of the Minister of State Expenditure, out of moneys appropriated by Parliament compensate the company
for any cost which the company cannot readily recover from the users of company airports and which it incurs as a direct result of any order by the Minister under subsection (1).

(6) No person shall disclose any order under subsection (1) or thing done by virtue of such order if the Minister has stated in such order that the disclosure of such order or thing is contrary to national security or relations with a country or territory outside the Republic.

(7) The Minister shall lay a copy of every order under subsection (1) of this section, except an order contemplated in subsection (6) of this section, upon the Table in Parliamentni the manner contemplated in section 8 (2) within 30 days after it was issued.

(8) Any person who contravenes the provisions of subsection
(6) shall be guilty of an offence and liable on conviction to a
fine or to imprisonment for a period notexceeding five years or to both a fine and such imprisonment.

11. Regulating Committee.(1) There is hereby established a committee to be known as the Regulating Committee.

(2) The members of the Committee shall be appointed by the
Minister and shall consist of(a)a chairman; and
(b)four other persons, of whom at least two are not officers or employees as defined in section 1 of the Public Service Act,
1984 (Act No. 111 of 1984),

who, in the opinion of the Minister, are suitabyl qualified to perform the functions or exercise the powers of the Committee
in terms of this Act and the Air Traffic and Navigation Services
Company Act, 1993.

(3) A member of the Committe shall hold office on such conditions as may be prescribed.

(4) A member of the Committee who is not an officer or an employee as defined in section 1 of the Public Service Act,
1984 (Act No. 111 of 1984), shall receive, from money appropriated by Parliament for this purpose, such remuneration and allowances as may be determined by the Minister with the concurrence of the Minister of State Expenditure.

(5) Subject to the provisions of this Act and the Air Traffic and
Navigation Services Company Act, 1993, the Committee shall,
after consultation with the Minister, determine the procedures to be followed in the performance of its functions or the exercise of its powers.

(6) All administrative work in connection with the performance of the functions or the exercise of the powers of hte Committee shall be done by officers and employees in the Department designated for such purpose by the Directo-rGeneral: Transport.

(7) The Committee shall as soon as practicable after 31 March
of each year but not later than 30 June of that eyar submit to the
Minister a report giving particulars regarding the activities of the Committee during the year which ended on the firs-t
mentioned date.

(8) The Minister shall lay a copy of the report mentioned in subsection (7) of this section upon the Table in Parliament in
the manner contemplated in section 8 (2) within 30 days after it was submitted to him.

12. Economic regulation of company.(1) The company
shall not levy any airport charge at any company airport unless
it is in possession of a valid written permission thereto.

(2) Unless otherwise provided for in this Act, the company
shall apply to the Committee for the issuing of a permission, at
the beginning of the third financial year of the period of validity
of any permission held by the company.

(3) Any such application shall in respect of the financial year mentioned in subsection (2) of this section, be accompanied by the approved business plan contemplated in section 7.

(4) The company shall, at the request of the Committee, make available to the Committee such information pertaining to the matters mentioned in subsection (10) as may be required by the Committee.

(5) The Committee shall, within six months after receipt of an application mentioned in subsection (2), issue to the company a permission, which shall be valid from the beginning of the ensuing financial year.

(6) A permission shall be valid for a period of five financial years.

(7) The Committee shall, as condtiions of the permission issued in terms of subsection (5)

(a)for each company airport or jointly for all company airports, determine for each financial year for which a permission is valid

(i)a limit on the total amount that may be levied byway of all airport charges;

(ii)a limit on the amount of any particular airport charge or any category of airport charges; or

(iii)a combination of the limits mentioned in subparagraphs (i)
and (ii); and

(b)prescribe in respect of any relevnat activity at any or all company airports service standards which shall conform to internationally accepted and recommended practices.

(8) The Committee shall not amend any condition in respect of the last two financial years of a permission metnioned in subsection (2) which will be replaced by the permission to be issued in terms of subsection (5).

(9) In performing any function in terms of subsection (7), the
Committee may consult with interested parties as it thinks fit. (10) The Committee shall perform its functions in terms of
subsection (7) in such manner as it deems is best calculated to

(a)restrain the company from abusing its monopoly position, in such a manner as not to place undue restrictions on the company’s commercial activities;

(b)promote the reasonable interests and needs of users of company airports;

(c)promote the safe, efficient, economical and profitable operation of company airports;

(d)encourage timely improvement of facilities at compayn
airports so as to satisfy anticipated demands by the users of the airports; and

(e)ensure that the company, after taking into consideration any compensation paid or to be paid to the company by the State in terms of the provisions of this Actor any other law, is able to finance its obligations and has a reasonable prospect of earning a commercial return.

(11) The Committee may at any time amend any condition, mentioned in subsection (7), of a permission, if the Minister approves such amendment.

(12) The company shall at all times comply with the conditions mentioned in subsection (7).

13. Sale or closure of aerodrome or curtailment of relevant activity.(1) If the company has indicated in a business plan contemplated in section 7 that it intends to close or sell any aerodrome contemplated in section 6 (1) (a) or to terminate or substantially curtail a relevant activity which was carried on by the Department or any person on behalf of the Department immediately prior to the transfer date at any such aerodrome,
the company shall at the same time as it submits such business
plan to the Shareholding Minister in terms of section 7, submit a copy thereof to the Committee.

(2) The Committee shall

(a)consider and evaluate the implications of the intended action of the company mentioned in subsection (1) for

(i)the transport system of the Republic;
(ii)the users of the said aerodrome or relevant activity; (iii)the community or region which the asid aerodrome serves;
and

(iv)any other affected institution or person; and

(b)make recommendations to the Minister regarding any action which he may take in terms of subsection (3) or (4).

(3) The company shall not, unless agreed to by the iMnister with the concurrence of the Shareholding Minister, take any action contemplated in subsection (1) unless it has indicated at least three financial years prior to taking such action, its intentions in that regard.
(4) The Minister may, with the concurrence of the Shareholding Minister and the Minister of State Expenditure, compensate the company from moneys appropriated by
Parliament for the continued operation of an aerodrome or carrying on of a relevant activity contemplated insubsection (1).

14. Failure of company to comply with provisions.(1) Any person who feels aggrieved by the failure of the company to comply with any provision of section 5 (2) or 12 (1) or (12), may lodge with the Committee a complaint, whihc shall be accompanied by proof of the failure.

(2) On receipt of any such complaint, or if the Committee on reasonable grounds suspects that the company fails so to comply, the Committee shall investigate such complaint or suspicion.

(3) If, after such an investigation, the Committee is satisfied that the company fails to comply with any provision mentioned
in subsection (1), the Committee may

(a)in writing direct the company to comply with such provision within the period determined by the Committee;

(b)by notice in the Gazette, declare unlawful any action of the company in relation to its non-compliance with the said provision;

(c)in writing direct the company to compensate for any loss sustained by or damage done toany person as a result of such action of the company; or

(d)in writing withdraw or suspend, on such conditions as may be determined by the Committee, any permission issued in terms of section 12 (5).

(4) The Committee shall not act under subscetion (3) (b), (c) or
(d) unless

(a)the Committee has notified the company in writing of its intention to take such action; and

(b)the Committee has given the company the opportunity to address representations to the Committee, within the peroid determined by the Committee, in respect of the said no-n compliance.

15. Regulations.(1) The Minister may make regulations

(a)regarding any matter which in terms of this Act is permitted or required to be prescribed;

(b)after consultation with the Minister of Trade and Industry, regarding the sale of liquor, as defined in section 1 of the Liquor Act, 1989 (Act No. 27 of 1989), on the premises of any
company airport;

(c)after consultation with the Minister of Law and Order, regarding security arrangements in respect of any company airport;


(d)regarding any other matter the regulation of which may, in
the opinion of the Minister, be necessary or desirable in order to
achieve or promote the objects of this Act.

(2) A regulation under subsection (1) may, for any
contravention thereof or failure to comply therewith, prescribe a penalty of a fine or imprisonment for a period not exceeding six months or of both a fine and such imprisonment.

16. Interpretation of Act 63 of 1975.As from the date of the establishment of the company, section 3 (2) (h) of the Expropriation Act, 1975 (Act No. 63 of 1975), shall be deemed to include the company.

17. Transitional provisions.(1) Notwithstanding any provision to the contrary in any other law, the Minister may, during the period from the date on which this section comes
into operation to the transfer date, with the concurrence of the
Shareholding Minister, the Minister of Finance and the Minister of State Expenditure, take such steps or authorize such thing to be done as may be necessary to promote

(a)the transfer to the company of aerodromes, assets, liabilities, rights or obligations mentioned in section 6 (1) (a); and

(b)the management on a commercial basis of the aerodromes mentioned in section 6 (1).

(2) The steps contemplated in subsection (1) may include, by notice in the Gazette, the conditional or unconditional suspension of any provision of any law: Provided that such suspension shall

(a)not be inconsistent with the provisions of this Act; and

(b)lapse on the transfer date.

(3) (a) Notwithstanding any provision to the contrary in this Act, during the period mentioned in subsection (1) the Minister, the Shareholding Minister, the Minister of State Expenditure,
the Minister of Finance and the company shall agree on the business plan and the conditions of the permission which will come into operation on the transfer date.

(b) The said permission shall lapse at the end of the first financial year.

(c) The company shall at least six months before the end of the financial year mentioned in paragraph (b) of this subsection, apply in the manner contemplated in section 12 for a
permission.

18. Substitution of certain words in Act 51 of 1949.The International Air Services Act, 1949, is hereby amended by the substitution for the words “aerodrome” and “aerodromes”, wherever they occur, of the words “airport and “airports”, respectively.

(Date of commencement 6 August, 1993.)

19. Amends section 1 of the Aviation Act, No. 74 of 1962, as follows:paragraph (a) deletes the definition of “aerodrome”; paragraph (b) inserts the definition of “airport”; and paragraph (c) deletes the definition of “liquor”.

(Date of commencement of s. 19: 6 August, 1993.)
20. Repeals sections 6, 6bis and 8 of the Aviation Act, No. 74 of 1962 (date of commencement 6 August, 1993).

21 to 23 inclusive. Substitute respectively sections7, 9 and 10 of the Aviation Act, No. 74 of 1962.

(Date of commencement of ss. 21 to 23 inclusive: 6 August,
1993.)

24. Amends section 15 (1) (a) of the Aviation Act, No. 74 of
1962, by deleting the words “or of the South African Railways
Police Force (date of commencement 6 August, 1993).

25. Amends section 22 (1) of the Aviation Act, No. 74 of
1962, as follows: paragraph (a) substitutes paragraph (d) (ii);
paragraph (b) adds paragraph (d) (vi); and paragraph (c) deletes paragraph (e).

(Date of commencement of s. 25: 6 August, 1993.)

26. Substitution of certain words in Act 74 of 1962.The
Aviation Act, 1962, is hereby amended, subject to sections 21,
22, 23 and 25 of this Act, by the substitution for the words “aerodrome and “aerodromes”, wherever they occur, of the words “airport and “airports”, respectively.

(Date of commencement 6 August, 1993.)

27. Amends section 1 (1) of the Civil Aviation Offences Act, No. 10 of 1972, as follows:paragraph (a) deletes the
definition of “aerodrome”; paragraph (b) substitutes the words “designated airport” and “airport” for the words “airport” and “aerodrome”, wherever they occur in the definition of “air navigation facility”; paragraph (c) substitutes thedefinition of “airport”; paragraph (d) substitutes the definition of “airport manager”; paragraph (e) substitutes paragraph (b) of the definition of “authorized person”; paragraph (f) inserts the definition of “company”; paragraph (g) inserts the edfinition of “designated airport”; paragraph (h) substitutes the definition of “Minister”; and paragraph (i) substitutes the words “designated airport for the word “airport wherever it occurs in the definition of “restricted area”.

(Date of commencement of s. 27: 6 August, 1993.)

28. Amends section 2B (2) of the Civil Aviation Offences Act, No. 10 of 1972, by substituting paragraph (a) (date of commencement 6 August, 1993).

29. Amends section 2J (4) of the Civil Aviation OffencesAct, No. 10 of 1972, by substituting the words “State Expenditure” for the word “Finance (date of commencement 6 August,

1993).

30. Amends section 2K (5) of the Civil Aviation Offences Act, No. 10 of 1972, by deleting the words “of the Railwya Police Force or (date of commencement 6 August, 1993).

31. Amends section 2L of the Civil Aviation Offences Act, No.
10 of 1972, by substituting subsection (4) (date of
commencement 6 August, 1993).

32. Amends section 2M of the Civil Avaition Offences Act,
No. 10 of 1972, by inserting the words “or the managing director of the company” after the words “Directo-rGeneral: Transport” (date of commencement 6 August, 1993).

33. Inserts section 2N in the Civil Aviation Offences Act,No.
10 of 1972 (date of commencement 6 August, 1993).

34. Substitution of certain words in Act 10 of 1972.The Civil Aviation Offences Act, 1972, is hereby amended, subject to section 27 of this Act, by the substitution for the words “aerodrome and “airport”, wherever they occur, of the words “airport and “designated airport”, respectively.

(Date of commencement 6 August, 1993.)

35. Amends section 3 (1) of the Liquor Act, No. 27 of of 1989, by substituting paragraph (h) (date of ocmmencement 6 August,
1993).

36. Commencement of certain sections.Sections 18 up to
and including 35 shall come into operation on the transfer date.

37. Short title and commencement.(1) This Act shall be called the Airports Company Act,1993, and the provisions thereof, other than the provisions of sections 18 to 35, shall come into operation on a date fixed by the State President by proclamation in the Gazette.

(2) Different dates may be so fixed in respect of different provisions of this Act.