Section 11:
Authority to act on business principles.
In the discharge of its functions under this Act, the
Authority shall act, so far as may be, on business principles.
55/1994 - The Airports Authority of India Act, 1994 ▶
Act Number: 55
Act Name: The Airports Authority of India Act, 1994
Year: 1994
Enactment Date: 1994-09-12
Long Title: An Act to provide for the constitution of the Airports Authority of India and for the transfer and vesting of the undertakings of the International Airports Authority of India and the National Airports Authority to and in the Airports Authority of India so constituted for the better administration and cohesive management of airports and civil enclaves whereat air transport services are operated or are intended to be operated and of all aeronautical communication stations for the purposes of establishing or assisting in the establishment of airports and for matters connected therewith or incidental thereto.
Ministry: Ministry of Civil Aviation
Department: