TNAG-2546-FCO40-3721-Air-services-agreement-between-Hong-Kong-and-Hungary-1992 — Page 27

ARTICLE 11

Safety

in

of

(1) Each Party shall recognize as valid, for the purpose operating the air transportation provided for

this Agreement, certificates of airworthiness, certificates of competency, and licenses issued or validated by the other Party and still in force, provided that the requirements for such certificates or licenses at least equal the minimum standards which may be established pursuant to the Chicago Convention. Each Party may, however, refuse to recognize as valid for the purpose of flight above its own territory, certificates of competency and licenses granted to or validated for its own nationals by the other Party.

equal

the

(2) Each Party may request consultations concerning the safety standards maintained by the other Party relating to aeronautical facilities, aircrew, aircraft, and security requirements for operation of the designated airlines. If, following such consultations, one Party finds that the other Party does not effectively maintain and administer safety standards and requirements in these areas that at least the minimum standards which may be established pursuant to Chicago Convention, the other Party shall be notified of findings and the steps considered necessary to conform these minimum standards, and the other Party shall take appropriate corrective action. Each Party reserves the right to withhold, revoke or limit the operating authorization or technical permission of an airline or airlines designated by the other Party in the event the other Party does not take such appropriate action within a reasonable time.

such

with

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