Article 5
(1)
Each Contracting Party shall have the right to revoke the operating
authorisation already granted to a designated airline of the other Contracting
Party, or to suspend the exercise by designated airlines of the rights specified
in Article 3 of the present Agreement, or to impose such conditions as it may
deem necessary on the exercise of those rights, in any case:
(2)
(a) where it is not satisfied that the substantial ownership
and effective control of that airline are vested in the
Contracting Party designating the airline its nationals; or
(b) where that airline fails to comply with the laws and
regulations of the Contracting Party granting these rights; or
(c)
where that airline otherwise fails to operate in
accordance with the conditions prescribed under the present
Agreement
Unless immediate revocation, suspension or imposition of the conditions
mentioned in paragraph (1) of this Article is essential to prevent further
infringements of laws and regulations, such right shall be exercised only after
consultation with the other Contracting Party.
No comments yet.
Private notes are available after approval.