WASHINGTON - An adverse federal appeals court ruling will not disrupt the Metropolitan Washington Airports Authority's tax-exempt bond construction financing program, at least for the next year, an authority official said yesterday.

The D.C. Court of Appeals on Tuesday overturned parts of the law passed by Congress that set up the authority. But the decision will not affect either the authority's $1.3 billion of outstanding debt or the $500 billion of bonds that the authority has been authorized to issue before Sept. 30, 1995, said Lynn Hampton, chief financial officer of the authority.

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