Charging – Olympic Games4A

1

A coordinator appointed under regulation 4(2A) may charge the managing body of—

a

an Olympic coordinated airport; and

b

London City Airport, Gatwick Airport, Heathrow Airport and Stansted Airport,

a fee calculated using the formula specified in paragraph (2).

2

The formula referred to in paragraph (1) is—

• A ÷ B = C

• where—

• ‘A’ is the total reasonable cost incurred by the coordinator in the exercise of the coordinator’s functions connected with the Olympic Games;

• ‘B’ is the total number of air traffic movements during the period beginning on 21st July 2012 and ending on 15th August 2012 at all the airports referred to in paragraph (1)(a) and (b); and

• ‘C’ is the fee payable to the coordinator by the managing body of an airport referred to in paragraph (1)(a) or (b) in respect of each air traffic movement at that airport during that period.

3

In this regulation—

• “air traffic movement” means any take-off or landing requiring a slot.