|
|
Commission to review market power of airport authorities
|
| |
92. The Act of 2001 is amended by the insertion of the following section after section 8A:
|
| |
“8B. (1) The Commission may from time to time carry out a review to assess the market power held by an airport authority in a relevant market in order to assist the Commission in carrying out its functions under this Act.
|
| |
(2) The Commission shall carry out a review under subsection (1) when requested to do so by the Minister.
|
| |
(3) The Commission shall specify the relevant market for the purposes of a review under subsection (1).
|
| |
(4) Before carrying out a review under subsection (1), the Commission shall publish a notice setting out—
|
| |
(a) that the Commission proposes to carry out a review to assess the market power held by an airport authority in a relevant market, and
|
| |
(b) that submissions in respect of the review may be made to the Commission in writing before a date specified in the notice (being not less than one month from the date of publication of the notice).
|
| |
(5) When carrying out a review under subsection (1), the Commission shall consider any submissions made to it under subsection (4)(b).
|
| |
(6) The Commission shall furnish a report of the findings of the review to the Minister and shall, in that report, make recommendations on the regulation of airport charges.
|
| |
(7) An airport authority shall, upon a request from the Commission, provide the Commission with such information as the Commission may reasonably require for the purposes of a review under subsection (1).”.
|