Air Corporations Act 1966

8Other amendments of principal Act

(1)In section 23(4) of the principal Act (Corporations to submit to Minister in respect of each planning period, as defined for the purposes of that section, and at such time before the beginning of that period as the Minister may direct, a programme of services and activities and an estimate of receipts and expenditure) for the words " in respect of each planning period, as defined for the purposes of this section, and at such time before the beginning of that period as the Minister may direct" there shall be substituted the words " at such times as the Minister may from time to time determine and in respect of any period so determined ".

(2)In section 23(6) of the principal Act (each of the Corporations to provide the Minister with information relating to the undertaking of the Corporation and of any associate of the Corporation) for the words from " undertaking of the corporation " to " or any such associate)" there shall be substituted the words " property, financial position, activities or proposed activities of the corporation or of any subsidiary of the corporation ".

(3)For paragraphs 9 and 10 of Schedule 1 to the principal Act (under which remuneration paid to a member of a Corporation in respect of his office as such or in respect of his office as chairman or deputy chairman is determined by the Minister with the consent of the Treasury, but any additional remuneration paid to a member employed about the affairs of the Corporation otherwise than as a member thereof is at the discretion of the Corporation) there shall be substituted the following paragraph—

9The Corporation shall pay to each member thereof such remuneration, whether in respect of his office as such or otherwise, as the Minister may with the consent of the Treasury determine.;

but this subsection shall not affect any determination made under the said paragraphs before the commencement of this Act.