CTHIn ForceLegislation
Air Services Regulations 2019
33Insurance beneficiaries of seized aircraft
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33 Insurance beneficiaries of seized aircraft
For the purposes of subsection 66(2) of the Act, the insurance of an aircraft is for the benefit of the following persons: (a) AA; (b) the owner of the aircraft; (c) if an authorised employee is satisfied that a person has a security interest in the aircraft—that person.