NIGERIAN AIRSPACE MANAGEMENT AGENCY ACT

Section 11: Fund of the Agency

1999Section 11 of 37Federal Republic of Nigeria

There shall be established and maintained for the Agency a fund into which shall be
paid and credited-(a) all subventions and budgetary allocation from the Government of the Federation;
(b) all fees and funds accruing from-
(i) en-route local, international facility charges;
(ii) overflight charges;
(iii) charges on Class B messages;
(iv) 30 per cent of the air ticket sales charges;
(v) 30 per cent of the cargo sales charges;
(vi) sales of information;
(vii) violation of airspace fines;
(viii) rentage of property, plant and equipment;
(ix) contract registration fees;
(c) all fines payable for violation of air navigation regulations;
(d) all sums accruing to the Agency by way of gifts, endowments, bequests, grants
or other contributions by persons and organisations;
(e) all return on investments;
(f) foreign aid and assistance from bilateral agencies; and
(g) all other sums which may, from time to time, accrue to the Agency.

Cite this section

Section 11, NIGERIAN AIRSPACE MANAGEMENT AGENCY ACT (1999).

https://repo.podus.ai/laws/nigerian-airspace-management-agency-act/section/11/