Air Navigation and Transport (Indemnities) Act, 2001

Period of validity of indemnities.

7.—(1) Subject to subsection (3), the Minister shall not grant a Ministerial indemnity for a period greater than 31 days.

(2) The Minister may, with the consent of the Minister for Finance and having consulted the Minister for Enterprise, Trade and Employment, renew a Ministerial indemnity for subsequent periods not exceeding 31 days.

(3) The Minister may grant a Ministerial indemnity which retrospectively indemnifies the air navigation undertaking concerned as regards the specified risks with effect from 23.59 Greenwich Mean Time on 24 September, 2001, and such an indemnity may be for a period in excess of 31 days but for no greater period than 120 days.