19AApproval of tariffs

19A Approval of tariffs (1) If a licence holder submits a tariff to the Secretary under regulation 19, the Secretary may: (a) approve the tariff; or (b) approve the tariff subject to conditions; or (c) refuse to approve the tariff. (2) In making a decision under subregulation (1), the Secretary must take into account: (a) the public interest; and (b) any relevant agreement or arrangement relating to or including international air services; and (c) the need for public 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 subregulation (1) about a tariff, the Secretary must give to the licence holder who submitted the tariff a notice setting out: (a) the decision; and (b) reasons for the decision. (4) If the Secretary does not make a decision under subregulation (1) about a tariff within 7 days after the tariff is submitted to the Secretary under regulation 19, the tariff is taken to have been approved under paragraph (1) (a) at the end of that period.