Singapore legislation
Regulation 2
of Civil Aviation Authority of Singapore (Licensing of Airport Operators) Regulations 2009
Regulation 2
Definitions
In these Regulations, unless the context otherwise requires —“accounts” means profit and loss accounts and balance-sheets and includes notes (other than auditors’ reports or directors’ reports) attached or intended to be read with any of those profit and loss accounts or balance-sheets;“aeronautical revenue yield” means the maximum total amount per passenger that is earned by an airport licensee for an airport from the provision of aeronautical services and facilities in relation to the airport;“aeronautical services and facilities” has the same meaning as in the Civil Aviation Authority of Singapore (Price Control of Aeronautical Charges) Rules 2009 (G.N. No. S 298/2009);“Changi Airport” means the airport declared under the Civil Aviation Authority of Singapore (Changi Airport) Notification 2009 (G.N. No. S 293/2009);“director’s report” means a director’s report that meets the requirements of Part 6 of the Companies Act 1967;“emergency” means —
a storm, a volcanic eruption, an earthquake, a flood, a tsunami or an occurrence of a similar kind;
a fire;
a plague or an epidemic; (d)a road, rail or an air crash, or a shipping or other accident;
a war; or
an act of terrorism;“financial report” has the same meaning assigned to it in the Companies Act 1967;“financial year” means —
the period starting from 1st July 2009 and ending on 31st March 2010, which is the first financial year; and
thereafter, every subsequent period of 12 months starting on 1st April and ending on 31st March;“material capital expenditure” means any capital expenditure project relating to an airport incurred or to be incurred during a regulatory period where the contract value of the project exceeds the materiality threshold specified by the Authority for that regulatory period;“non-aeronautical asset base” means such assets, including working capital and work-in-progress assets, that are utilised by the airport licensee in the provision of non-aeronautical services and facilities;“non-aeronautical services and facilities” has the same meaning as in the Civil Aviation Authority of Singapore (Price Control of Aeronautical Charges) Rules 2009 (G.N. No. S 298/2009);“regulated asset base” means such assets, including working capital and work-in-progress assets, that are utilised by the airport licensee in the provision of aeronautical services and facilities;“security asset base” means such assets, including working capital and work-in-progress assets, that are utilised by the airport licensee in the provision of security services and facilities;“security services and facilities” has the same meaning as in the Civil Aviation Authority of Singapore (Price Control of Aeronautical Charges) Rules 2009;“Seletar Airport” means the airport declared under the Civil Aviation Authority of Singapore (Seletar Airport) Notification 2009 (G.N. No. S 294/2009);“significant capital expenditure” means any capital expenditure for any significant project;“significant project” means any project relating to an airport which, if not completed or its completion is delayed —
is likely to adversely affect the status of Singapore as an international aviation hub;
is likely to adversely affect the safety of the airport; or
is likely to adversely affect the security of the airport.
Definition
“accounts” means profit and loss accounts and balance-sheets and includes notes (other than auditors’ reports or directors’ reports) attached or intended to be read with any of those profit and loss accounts or balance-sheets;
Definition
“aeronautical revenue yield” means the maximum total amount per passenger that is earned by an airport licensee for an airport from the provision of aeronautical services and facilities in relation to the airport;
Definition
“aeronautical services and facilities” has the same meaning as in the Civil Aviation Authority of Singapore (Price Control of Aeronautical Charges) Rules 2009 (G.N. No. S 298/2009);
Definition
“Changi Airport” means the airport declared under the Civil Aviation Authority of Singapore (Changi Airport) Notification 2009 (G.N. No. S 293/2009);
Definition
“director’s report” means a director’s report that meets the requirements of Part 6 of the Companies Act 1967;
Definition
“emergency” means —
a storm, a volcanic eruption, an earthquake, a flood, a tsunami or an occurrence of a similar kind;
a fire;
a plague or an epidemic; (d)a road, rail or an air crash, or a shipping or other accident;
a war; or
an act of terrorism;
Definition
“financial report” has the same meaning assigned to it in the Companies Act 1967;
Definition
“financial year” means —
the period starting from 1st July 2009 and ending on 31st March 2010, which is the first financial year; and
thereafter, every subsequent period of 12 months starting on 1st April and ending on 31st March;
Definition
“material capital expenditure” means any capital expenditure project relating to an airport incurred or to be incurred during a regulatory period where the contract value of the project exceeds the materiality threshold specified by the Authority for that regulatory period;
Definition
“non-aeronautical asset base” means such assets, including working capital and work-in-progress assets, that are utilised by the airport licensee in the provision of non-aeronautical services and facilities;
Definition
“non-aeronautical services and facilities” has the same meaning as in the Civil Aviation Authority of Singapore (Price Control of Aeronautical Charges) Rules 2009 (G.N. No. S 298/2009);
Definition
“regulated asset base” means such assets, including working capital and work-in-progress assets, that are utilised by the airport licensee in the provision of aeronautical services and facilities;
Definition
“security asset base” means such assets, including working capital and work-in-progress assets, that are utilised by the airport licensee in the provision of security services and facilities;
Definition
“security services and facilities” has the same meaning as in the Civil Aviation Authority of Singapore (Price Control of Aeronautical Charges) Rules 2009;
Definition
“Seletar Airport” means the airport declared under the Civil Aviation Authority of Singapore (Seletar Airport) Notification 2009 (G.N. No. S 294/2009);
Definition
“significant capital expenditure” means any capital expenditure for any significant project;
Definition
“significant project” means any project relating to an airport which, if not completed or its completion is delayed —
is likely to adversely affect the status of Singapore as an international aviation hub;
is likely to adversely affect the safety of the airport; or
is likely to adversely affect the security of the airport.