Air Navigation and Transport Act 2022

49

Charge of rates on property of IANS

49. Property vested in the IANS on or after the vesting day shall from the commencement of the financial year (within the meaning of section 288 of the Act of 2014) commencing next after the vesting day, be subject to rates chargeable by a local authority (within the meaning of the Local Government Act 2001) in the name of the IANS and not the name of the IAA.