Section 23 of The Airports Authority of India Act, 1994
The Central Government may, after due appropriation made by Parliament, by law in this behalf,--
- (a)provide any capital that may be required by the Authority for the discharge of its functions under this Act or for any purpose connected therewith on such terms and conditions as that Government may determine;
- (b)pay to the Authority, on such terms and conditions as the Central Government may determine, by way of loans or grants such sums of money as that Government may consider necessary for the efficient discharge by the Authority of its functions under this Act.
Summary
- The Central Government can give additional money to the Authority to help it perform its duties under the law.
- This money can be provided either as capital, or paid out as loans or grants.
- Before any of this money is given, Parliament must first approve it by passing a law.
- The Central Government has the power to set the rules, terms, and conditions for how this money is given and how it must be handled.
Practical examples
FAQ
1. Who provides additional capital to the Authority?
The Central Government provides the capital.
2. Does the Central Government need anyone's permission to give this money?
Yes, Parliament must first approve the money by making a due appropriation by law.
3. Can the money be given as a loan instead of a free grant?
Yes, the Central Government can choose to provide the money as either a loan or a grant.
4. Who decides the rules for these loans or grants?
The Central Government determines the specific terms and conditions for the money it provides.
Test yourself
Q1.Under Section 23 of The Airports Authority of India Act, 1994, what must happen before the Central Government can provide additional capital to the Authority?
Q2.According to Section 23 of The Airports Authority of India Act, 1994, who determines the terms and conditions when the Authority receives a loan?
Q3.Under Section 23 of The Airports Authority of India Act, 1994, in what forms can the Central Government pay sums of money to the Authority for efficiently discharging its functions?
Q4.Section 23 of The Airports Authority of India Act, 1994 allows the Central Government to provide capital to the Authority. How does this connect to Section 24 regarding the Fund of the Authority?