TNAG-2413-FCO40-3515-Hong-Kong-Port-and-Airport-Development-Strategy-(PADS)-fina-1992 — Page 59

GOVERMENT HOUSE HONG KONG.

MON 30 MAR 92 10:53

PG.26

25

1

any

shortfall in debt

service payment

directly attributable

which might be

to such actions. It should be noted

that this provision would not apply to Government measure:

which had a more general

while also affecting the AA.

application (e.g. tax measures

Airport Charges

45.

If, оп the opening of the

airport, the AA i.

charges at the leve.

prevented from imposing aeronautical

proposed or from imposing a PTC up to $100 (in March 199:

prices)

because of any

international obligation or as th

result

of any arbitration

decision precluding it, the

Government will make good

any shortfall in debt servic

payments which result.

Air Traffic Control Charges

21(c), the Government

requiring payment by the AA of charges for ai.

46.

As mentioned in paragraph

will defer

traffic control and

for SO long as 1s

meteorological services at the airpor

necessary to enable the AA to meet it:

debt service obligations.

The charges will only be

deferred; the AA

will repay

Government in full, in dus

course, including interest.