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:

Section 26: Submission of programme of activities and financial estimates.
    (1) The Authority shall, before the commencement of each financial year, prepare a statement of the programme of its activities during the forthcoming financial year as well as financial estimate in respect thereof.
     (2) The statement prepared under sub-section (1) shall, not less than three months before the commencement of each financial year, be submitted for approval to the Central Government.
     (3) The statement and the financial estimates of the Authority may, with the approval of the Central Government, be revised by the Authority.
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