Part IV The Aviation Security Fund
32 The Aviation Security Fund.
(1)
There shall continue to be, under the control and management of the Secretary of State, a fund called the Aviation Security Fund out of which payments shall be made in accordance with this section.
(2)
The Secretary of State may, out of the Aviation Security Fund, reimburse to any person who is—
(a)
the operator of one or more aircraft registered or operating in the United Kingdom, or
(b)
the manager of an aerodrome in the United Kingdom, or
(c)
the authority responsible for an air navigation installation in the United Kingdom, F1or
(d)
a person to whom a direction has been or could be given by the Secretary of State under section 14 of this Act by virtue of subsection (1)(c) or (d) of that section,
the whole or part of any expenses which, for purposes to which Part II of this Act applies, F2have, in the case of a person mentioned in paragraph (a), (b) or (c) above, been at any time on or after 1st June 1972 or, in the case of a person mentioned in paragraph (d) above, been at any time after the passing of the Aviation and Maritime Security Act 1990, incurred or may, in any case, be incurred by any such person in relation to those aircraft, to that aerodrome or air navigation installation or to the land or activities concerned,as the case may be, whether or not the expenses have been or are incurred in consequence of a direction given under Part II of this Act.
(3)
For the purposes of this section any expenses incurred in paying compensation under section 22 of this Act shall be treated as being expenses incurred as mentioned in subsection (2) above.
(4)
The Secretary of State may, out of the Aviation Security Fund, reimburse to the manager of an aerodrome such part as he may determine of—
(a)
any payments made or other expenses incurred by the manager under section 26(3) of this Act;
(b)
any payments made by the manager by virtue of any order under section 30 of this Act.
(5)
If the Secretary of State certifies that any payment which, but for this subsection, would be paid out of the Aviation Security Fund under the preceding provisions of this section is of an exceptional nature, that payment may, with the consent of the Treasury, be paid out of money provided by Parliament instead of out of the Fund.
(6)
Any money in the Aviation Security Fund which appears to the Secretary of State not to be immediately required for the purposes of the Fund may be deposited by him with the Bank of England or with a recognised bank or licensed institution within the meaning of the M1Banking Act 1979, and any interest received by the Secretary of State in respect of money so deposited shall be paid by him into the Fund.
(7)
There shall be paid out of the Aviation Security Fund into the Consolidated Fund sums equal to the amount of any expenses incurred by the Secretary of State in the management and control of the first-mentioned Fund.