Airports Company Act, 1993 (Act No. 44 of 1993)

13. Sale or closure of aerodrome or curtailment of relevant activity

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(1)When the company intends—
(a)to close or sell any aerodrome contemplated in section 6(1)(a); or
(b)to terminate or substantially curtail a relevant activity which was performed by the Department or any person on behalf of the Department immediately prior to the transfer date at any such aerodrome,

the company shall give written notice to the Minister of that intention and at the same time submit a copy of the notice to the Committee.

[Section 13(1) substituted by section 13(a) of Act No. 2 of 1998]

 

(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 said 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 Minister 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 Finance, compensate the company from moneys appropriated by Parliament for the continued operation of an aerodrome or carrying on of a relevant activity contemplated in subsection (1).

[Section 13(4) substituted by section 13(b) of Act No. 2 of 1998]