Air Navigation and Transport Act 2022

PART 9

Amendment of Air Navigation and Transport (Amendment) Act 1998

Amendment of section 13 of Act of 1998

87. Section 13 of the Act of 1998 is amended by—

(a) the substitution of the following subsection for subsection (5):

“(5) The aggregate at any one time of moneys borrowed under this section shall not exceed—

(a) in the case of daa and any of its subsidiaries, from the Dublin appointed day, €5 billion, and

(b) in the case of Cork Airport Authority and any of its subsidiaries, from the Cork appointed day, €100 million.”,

and

(b) by the deletion of subsection (6).