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Union of India - Section

Section 6 in The Airports Authority of India (Major Airports) Development Fees Rules, 2011

6. Utilisation of development fees in respect of airports managed by the Authority.

- Release of the installments of development fees shall be made-
(1)The development fees shall be released in installments in accordance with Drawdown Schedule prepared by the Authority.
(2)The subsequent installments shall be subject to submission of utilisation certificate by the Auditor or the progress certificate submitted by the engineer-in-charge.