TNAG-2546-FCO40-3721-Air-services-agreement-between-Hong-Kong-and-Hungary-1992 — Page 16

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

ARTICLE 3

Designation and Authorization

(1) Each Party shall have the right to designate an airline conduct international air transportation in accordance this Agreement and to withdraw or alter such designation. designation shall be transmitted.

to

with

Such

(2) On receipt of such a designation, and of applications in the form and manner prescribed from the designated airline for operating authorizations and technical permissions, the other Party shall grant appropriate authorizations and permissions with minimum procedural delay, provided:

of

(a) substantial ownership and effective control of that airline are vested in the Party designating the airline, nationals that Party, or both,

to

(b) the designated airline is qualified to meet the conditions prescribed under the laws and regulations normally applied the operation of international air transportation by the considering the application or applications.

Party

5

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