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Adjustments for pass-through event, etc.

Civil Aviation Authority of Singapore (Price Control of Aeronautical Charges) Rules 2009

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Wrong or mistyped textWrong structure or numberingWrong title or detailsDuplicated content

Proposed text

—(1) If a determination allows for an adjustment to the maximum revenues under the determination as a result of the occurrence of a pass-through event or under a performance incentive scheme, that adjustment does not take effect until it has been approved by the Authority.(2) If when considering whether to approve an adjustment the Authority determines that a pass-through event has not occurred or a standard of performance required for an adjustment has not been reached, the Authority must notify the airport licensee concerned of that determination.(3) The Authority is not to approve an adjustment unless it is satisfied that the adjustment has been calculated in accordance with the method of calculating that adjustment, or the principles and general manner to be applied in making the adjustment or doing the calculation of the adjustment, specified in the determination.(4) On approving or refusing to approve an adjustment, the Authority must notify the airport licensee concerned of that determination.

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