Statutory Instrument 128 of 2022.
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Statutory Instrument 128 of 2022

Statutory Instrument 128 of 2022

 Civil Aviation (Transfer of Assets and Liabilities to Airports Company of Zimbabwe (Private) Limited) Regulations, 2022 

 IT is hereby notified that the Minister of Transport and Infrastructural Development, after consultation with the Board, has in terms of section 79 as read with section 84(1) of the Civil Aviation Act [Chapter 13:16], made the following regulations:— 

Title 

1. These regulations may be cited as the Civil Aviation (Transfer of Assets and Liabilities to Airports Company of Zimbabwe (Private) Limited) Regulations, 2022. 

2. These regulations shall come into effect on the date of publication. 

3. The ninety-nine (99) year lease agreement given to the Authority in terms of section 4 of the Civil Aviation (Transfer of Assets and Liabilities of the Former Department of Civil Aviation) Regulations, 2003 running from 14th September, 2003, shall be retained by the Authority for the remainder of its life. 

4. The assets and liabilities of the Civil Aviation Authority of Zimbabwe connected with the functioning of all airports and aerodromes managed by the Civil Aviation Authority of Zimbabwe on behalf of the State, comprising their buildings, infrastructure, runways, equipment, vehicles and all attachments relating thereto are hereby transferred to the Airports Company of Zimbabwe (Private) Limited under the conditions specified in the Memorandum of Understanding set out in the Schedule— 

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