[Code of Federal Regulations]
[Title 14, Volume 3]
[Revised as of January 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 14CFR158.53]

[Page 194]
 
                     TITLE 14--AERONAUTICS AND SPACE
 
CHAPTER I--FEDERAL AVIATION ADMINISTRATION, DEPARTMENT OF TRANSPORTATION 
                               (CONTINUED)
 
PART 158--PASSENGER FACILITY CHARGES (PFC'S)--Table of Contents
 
        Subpart C--Collection, Handling, and Remittance of PFC's
 
Sec. 158.53  Collection compensation.

    As compensation for collecting, handling and remitting the PFC 
revenue, the collecting air carrier shall be entitled to:
    (a) Retain $0.12 of each PFC remitted on or before June 28, 1994. 
Thereafter, air carriers shall be entitled to $0.08 of each PFC 
remitted; and
    (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]