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Repealed or not in force

The Air Corporation Act 1953, 27 of 1953, (Rep., Act 13 of 1994)

46 sections · As amended up to 2026-08

Sections

  1. 0Section 0
  2. III — FINANCE, ACCOUNTS AND AUDIT
  3. 1Vesting of properties in the Corporations
  4. I — PRELIMINARY
  5. 2Definitions
  6. III — FINANCE, ACCOUNTS AND AUDIT
  7. 3Powers of the Corporations in regard to expenditure
  8. II — CONSTITUTION AND FUNCTIONS OF THE CORPORATIONS.
  9. 4Constitution of the Corporations
  10. III — FINANCE, ACCOUNTS AND AUDIT
  11. 5Accounts and audit
  12. IV — ACQUISITION OF UNDERTAKINGS OF EXISTING AIR COMPANIES
  13. 6Undertakings of existing air companies to vest in the Corporation
  14. 7General effect of vesting of undertakings in the Corporations
  15. II — CONSTITUTION AND FUNCTIONS OF THE CORPORATIONS.
  16. 8Appointment of officers and other employees of the Corporations
  17. 9Corporations to act on business principles
  18. III — FINANCE, ACCOUNTS AND AUDIT
  19. 10Capital of the Corporations
  20. 11Vesting of properties in the Corporations
  21. 12Funds of the Corporations
  22. 13Powers of the Corporations in regard to expenditure
  23. 14Corporation to assume obligations of Central Government in respect of certain matters
  24. 15Accounts and audit
  25. IV — ACQUISITION OF UNDERTAKINGS OF EXISTING AIR COMPANIES
  26. 16Undertakings of existing air companies to vest in the Corporation
  27. 17General effect of vesting of undertakings in the Corporations
  28. 18Reservation of scheduled air transport services to the Corporations
  29. 19Licences to cease to be valid
  30. 20Provisions respecting officers and employees of existing air companies
  31. 21Duty to deliver up possession of property acquired and documents relating thereto
  32. 22Duty of existing air companies to supply particulars
  33. 23Right of Corporations to disclaim certain agreements
  34. 24Transactions resulting in dissipation of assets
  35. 25Compensation to be given for compulsory acquisition of undertaking
  36. 26Constitution of special Tribunal to determine compensation
  37. 27Mode of giving compensation
  38. 28Winding up of existing company whose undertaking has been acquired
  39. 29Authorisation under section 28 may contain certain directions
  40. V — AIR TRANSPORT COUNCIL
  41. 30Constitution of Air Transport Council
  42. 31Functions of the Air Transport Council
  43. 32Staff of the Council
  44. 33Proceedings of the Council
  45. VI — CONTROL OF CENTRAL GOVERNMENT
  46. 34Power of Central Government to give directions
  47. 35Prior approval of Central Government necessary in certain cases
  48. 36Submission of programme of work for each year
  49. 37Submission of Annual Reports to Parliament
  50. VII — MISCELLANEOUS
  51. 38Corporations to act in mutual consultation
  52. 39Transfer of scheduled air transport services or assets from one Corporation to the other
  53. 40Corporations may delegate their powers
  54. 41Advisory and Labour Relations Committees
  55. 42Meetings of the Corporation
  56. 43Penalty for wrongful withholding of property
  57. 44Power to make rules
  58. 45Power of Corporations to make regulations