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Reduction of public dividend capital of British Airways Board
Vesting of property, etc., of British Airways Board in a company nominated by the Secretary of State
3. Vesting of property, etc., of British Airways Board in a company nominated by the Secretary of State
5. Financial structure of the successor company and its subsidiaries
6. Government investment in shares and securities of the successor company
7. Target investment limit for Government shareholding under sections 4 and 6
Miscellaneous Amendments of the Law Relating to Civil Aviation
11–19.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Compensation for depreciation due to the use of aerodromes
20. Sound-proofing grants to be taken into account in determining compensation for depreciation
21.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
22, 23... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
24, 25... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
26.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
An Act to provide for the reduction of the public dividend capital of the British Airways Board and otherwise to make provision in relation to the finances of the Board; to provide for the subsequent dissolution of the Board and the vesting of all its property, rights, liabilities and obligations in a company nominated by the Secretary of State; to make provision with respect to the finances of that company; to amend the Civil Aviation Act 1971; to amend section 4 of the Civil Aviation (Eurocontrol) Act 1962; to require sound-proofing grants to be taken into account in determining compensation for depreciation due to the use of aerodromes; to make further provision with respect to the investigation of accidents arising out of or in the course of air navigation; to amend the Protection of Aircraft Act 1973; to extend the powers of the British Airports Authority in relation to aerodromes outside Great Britain and clarify its powers in certain other respects; to enable that Authority to acquire certain land by agreement; and to enable the owners and managers of certain aerodromes to make byelaws in relation to lost property found at those aerodromes.
[13th November 1980]