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Union of India - Section

Section 88B in The Aircraft Rules, 1937

88B. [ Regional Air Connectivity Fund. [Inserted by Notification No. G.S.R. 994 (E), dated 21.10.2016 (w.e.f. 23.3.1937).]

- The Central Government may establish the Regional Air Connectivity Fund for the purpose of providing viability gap funding to aircraft operators to promote regional air connectivity, or for any other purpose connected therewith, and the said fund shall be administered and utilised in the manner as may be specified by the Central Government.