12. Airport licensee’s proposal to Authority

An airport licensee for an airport which has received a notice of aeronautical services and facilities pricing with respect to the first regulatory period must, no later than 19th September 2009, submit to the Authority, in accordance with the requirements of the Authority, its proposal on the determination for the first regulatory period (which may include any proposed amendments thereto) regarding aeronautical charges for the aeronautical services and facilities to be provided by the airport licensee in that first regulatory period in relation to that airport.