[Code of Federal Regulations]

[Title 14, Volume 3]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 14CFR158.53]



[Page 184]

 

                     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 $0.11 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]