LawgistThe Airports Authority of India Act
17Guarantee to be operative
Any guarantee given for or in favour of the International Airports Authority or the National Airports Authority with respect to any loan or lease finance shall continue to be operative in relation to the Authority in which the undertakings of the International Airports Authority and the National Airports Authority have vested by virtue of this Act.
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PROPERTY AND CONTRACT
- 13 Undertakings of the International Airports Authority and the National Airports Authority to vest in the Authority
- 14 General effect of vesting of undertaking in the Authority
- 15 Licences, etc., to be deemed to have been granted to the Authority
- 16 Tax exemption or benefit to continue to have effect
- 17 Guarantee to be operative
- 18 Provisions in respect of officers and other employees of the International Airports Authority and the National Airports Authority
- 19 Compulsory acquisition of land for the Authority
- 20 Contracts by the Authority
- 21 Mode of executing contracts on behalf of the Authority
