26Approval of tariffs

#### 26 Approval of tariffs (1) If a licence holder submits a tariff to the Secretary under subsection 25(1) or (2), the Secretary may: (a) approve the tariff; or (b) approve the tariff subject to conditions; or (c) refuse to approve the tariff. > Note: For review of a decision by the Secretary under this subsection, see section 42. (2) In making a decision under subsection (1), the Secretary must take the following into account: (a) the public interest; (b) the relevant agreement for the scheduled international air service concerned; (c) the need for air transport services to operate on a satisfactory economic basis in an environment where there is due regard for the interests of consumers of those services. (3) If the Secretary makes a decision under subsection (1), the Secretary must give the licence holder notice, in writing, of: (a) the decision; and (b) the reasons for the decision. (4) If the Secretary does not make a decision under subsection (1) about a tariff within 7 days after the tariff is submitted to the Secretary under subsection 25(1) or (2), the tariff is taken to have been approved under paragraph (1)(a) of this section at the end of that period.