The Airports Economic Regulatory Authority of India Act, 2008

The Airports Economic Regulatory Authority of India Act, 2008

ACT NO. 27 OF 2008

PREAMBLE

An Act to provide for the establishment of an Airports Economic Regulatory Authority to regulate tariffs and other charges for the aeronautical services rendered at airports and to monitor performance standards of airports and for matters connected therewith or incidental thereto.

ARRANGEMENT OF SECTIONS

CHAPTER I
PRELIMINARY
SECTIONS

  1. Short title, commencement and application.
  2. Definitions.
    CHAPTER II
    THE AIRPORTS ECONOMIC REGULATORY AUTHORITY
  3. Establishment of Authority.
  4. Composition of Authority.
  5. Constitution of Selection Committee to recommend Members.
  6. Terms of office and other conditions of service, etc., of Chairperson and Members.
  7. Power of Chairperson.
  8. Removal and suspension of Members.
  9. Appointment of Secretary, experts, professionals and officers and other employees of Authority.
  10. Meetings.
  11. Authentication.
  12. Vacancies, etc., not to invalidate proceedings of Authority.
    CHAPTER III
    POWERS AND FUNCTIONS OF THE AUTHORITY
  13. Functions of Authority.
  14. Powers of Authority to call for information, conduct investigations, etc.
  15. Power of Authority to issue certain directions.
  16. Power of seizure.
    CHAPTER IV
    APPELLATE TRIBUNAL
  17. Appellate Tribunal.
  18. Application for settlement of disputes and appeals to Appellate Tribunal.
  19. [Omitted.]
  20. [Omitted.]
  21. [Omitted.]
  22. [Omitted.]
  23. [Omitted.]
  24. [Omitted.]
  25. [Omitted.]
  26. [Omitted.]
  27. [Omitted.]
  28. Civil court not to have jurisdiction.
  29. Procedure and powers of Appellate Tribunal.
  30. Right to legal representation.
  31. Appeal to Supreme Court.
  32. Orders passed by Appellate Tribunal to be executable as a decree.
    CHAPTER V
    FINANCE, ACCOUNTS AND AUDIT
  33. Budget.
  34. Grants by Central Government.
  35. Annual statement of accounts.
  36. Furnishing of returns, etc., to Central Government.
    CHAPTER VI
    OFFENCES AND PENALTIES
  37. Penalty for wilful failure to comply with orders of Appellate Tribunal.
  38. Punishment for non-compliance of orders and directions under this Act.
  39. Punishment for non-compliance with order of Authority or Appellate Tribunal.
  40. Offences by companies.
  41. Offences by Government Departments.
    CHAPTER VII
    MISCELLANEOUS
  42. Directions by Central Government.
  43. Members, officers and employees of Authority to be public servants.
  44. Bar of jurisdiction.
  45. Protection of action taken in good faith.
  46. Exemption from tax on wealth and income.
  47. Cognizance of offences.
  48. Delegation of powers.
  49. Power of Central Government to supersede Authority.
  50. Application of other laws not barred.
  51. Power to make rules.
  52. Power to make regulations.
  53. Rules and regulations to be laid before Parliament.
  54. Amendment of certain enactments.
  55. Power to remove difficulties.
    THE SCHEDULE.

The Airports Economic Regulatory Authority of India Act, 2008