14 C.F.R. § 158.53   Collection compensation.


Title 14 - Aeronautics and Space


Title 14: Aeronautics and Space
PART 158—PASSENGER FACILITY CHARGES (PFC'S)
Subpart C—Collection, Handling, and Remittance of PFC's

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§ 158.53   Collection compensation.

As compensation for collecting, handling and remitting the PFC revenue, the collecting air carrier shall be entitled to:

(a) Retain $0.11 of each PFC collected;

(b) Any interest or other investment return earned on PFC revenue between the time of collection and remittance to the public agency.

[Doc. No. 26385, 56 FR 24278, May 29, 1991; 56 FR 37127, Aug. 2, 1991, as amended by Amdt. 158–2, 69 FR 12948, Mar. 18, 2004]

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