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5. Periodic review of final master plan

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Amended

Last amended by an amending law of 2020.

(1)

If a final master plan (referred to in this rule as the original plan) for an airport is in force, the airport licensee for the airport must —

(a)

at least once during the first regulatory period applicable to the airport licensee; and

(b)

at least once during every subsequent regulatory period applicable to the airport licensee,submit to the Authority, in writing, a draft master plan that is expressed to replace the original plan.

(2)

Any draft master plan under paragraph (1) must be submitted at least 9 months before the start of the next regulatory period.

(3)

When the draft master plan referred to in paragraph (1) becomes a final master plan for the airport, the original plan ceases to be in force.

Subregulation 1

If a final master plan (referred to in this rule as the original plan) for an airport is in force, the airport licensee for the airport must —

(a)

at least once during the first regulatory period applicable to the airport licensee; and

(b)

at least once during every subsequent regulatory period applicable to the airport licensee,submit to the Authority, in writing, a draft master plan that is expressed to replace the original plan.

Subregulation 2

Any draft master plan under paragraph (1) must be submitted at least 9 months before the start of the next regulatory period.

Subregulation 3

When the draft master plan referred to in paragraph (1) becomes a final master plan for the airport, the original plan ceases to be in force.

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