Civil Aviation Act, 2009 (Act No. 13 of 2009)

Chapter 6

Part 1 : Civil Aviation Authority

74. Funding of Civil Aviation Authority

Purchase cart Previous page Return to chapter overview Next page

 

(1)The Civil Aviation Authority is funded from—
(a)civil aviation regulatory charges and fees prescribed in an act of Parliament and cost recovery;
(b)levies or charges on aircraft passengers and participants in civil aviation as prescribed by national legislation;
(c)interest on invested cash balances;
(d)loans granted in terms of subsection (2);
(e)money lawfully accruing from any other source;
(f)any other money received in terms of the South African Civil Aviation Authority Levies Act, 1998 (Act No. 41 of 1998) or any other civil aviation legislation, including the income derived from the fees contemplated in this Act;
(g)levies on the supply of aircraft fuel as prescribed by national legislation; and
(h)monies appropriated by Parliament.

 

(2)The Civil Aviation Authority may with the approval of the Minister, and in consultation with the Minister of Finance raise money by way of loans.

 

(3)The Civil Aviation Authority may with the approval of the Minister, and in consultation with the Minister of Finance establish a structure which must provide that all fines paid to the Civil Aviation Authority in respect of any offence provided for in any legislation administered by the Civil Aviation Authority, be utilised by the Civil Aviation Authority.