3.—(1) Where an associated company of the airport operator in the case of any airport either carries on operational activities relating to the airport or is entitled to grant rights by virtue of which any such activities may be carried on by other persons, Article 31(2) shall have effect in relation to the airport with the modifications specified in sub-paragraphs (2) to (4).N.I.
(2) After sub-paragraph (a) there shall be inserted the following sub-paragraph—
“(aa)such conditions as the CAA considers appropriate to secure that the accounts of any associated company of the airport operator, being a company which either carries on operational activities relating to the airport or is entitled to grant rights by virtue of which any such activities may be carried on by other persons, disclose—
(i)any subsidy furnished (whether by the making of loans on non-commercial terms or otherwise) by any person or authority to the company in connection with its business so far as consisting of the carrying on of operational activities relating to the airport, and the identity of any such person or authority;
(ii)any subsidy so furnished to that business by the company out of funds attributable to any other activities carried on by it; and
(iii)the aggregate income and expenditure of the company attributable to any such operational activities (whether carried on by the company or by some other person); and” .
(3) After “the airport operator” where it occurs in sub-paragraph (b) there shall be inserted “or the associated company”.
(4) After “the airport operator” where it last occurs there shall be inserted “or in sub-paragraph (aa) to the accounts of any associated company of the airport operator”.
(5) Where—
(a)sub-paragraph (1) above does not apply to an airport at the time when conditions are imposed in relation to the airport under Article 31(1)(a) or (b); but
(b)at any later time it appears to the CAA that that sub-paragraph then applies to the airport,
the CAA shall thereupon impose in relation to the airport such conditions as are mentioned in sub-paragraphs (aa) and (b) of Article 31(2) as modified by this paragraph.