49 CFR 1510.11 - Handling of security service fees.

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There are 2 Updates appearing in the Federal Register for 49 CFR 1510. View below or at eCFR (GPOAccess)
§ 1510.11 Handling of security service fees.
(a) Direct air carriers and foreign air carriers are responsible for the safekeeping of all security service fees from the time of collection to remittance.
(b) Security service fees collected by a direct air carrier or foreign air carrier are held in trust by that direct carrier for the beneficial interest of the United States in paying for the costs of providing civil aviation security services described in 49 U.S.C. 44940. The direct air carrier or foreign air carrier holds neither legal nor equitable interest in the security service fees except for the right to retain any accrued interest on the principal amounts collected pursuant to § 1510.13(b).
(c) Direct air carriers and foreign air carriers must account for security service fees separately, but the fees may be commingled with the carriers' other sources of revenue.
(d) Direct air carriers and foreign air carriers must disclose in their financial statements the existence and the amount of security service fee held in trust.

Title 49 published on 2013-10-01

The following are only the Rules published in the Federal Register after the published date of Title 49.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2014-06-27; vol. 79 # 124 - Friday, June 27, 2014
    1. 79 FR 36432 - Adjustment of Passenger Civil Aviation Security Service Fee; Interim Final Rule; Correction
      GPO FDSys XML | Text
      DEPARTMENT OF HOMELAND SECURITY, Transportation Security Administration
      Interim final rule; request for comments; correction.
      Effective Date: This IFR is effective at 12:00 a.m. (Eastern Daylight Time) on July 21, 2014. Comment Date: Comments must be received by August 19, 2014.
      49 CFR Part 1510

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United States Code

Title 49 published on 2013-10-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 49 CFR 1510 after this date.

  • 2014-06-27; vol. 79 # 124 - Friday, June 27, 2014
    1. 79 FR 36432 - Adjustment of Passenger Civil Aviation Security Service Fee; Interim Final Rule; Correction
      GPO FDSys XML | Text
      DEPARTMENT OF HOMELAND SECURITY, Transportation Security Administration
      Interim final rule; request for comments; correction.
      Effective Date: This IFR is effective at 12:00 a.m. (Eastern Daylight Time) on July 21, 2014. Comment Date: Comments must be received by August 19, 2014.
      49 CFR Part 1510