53Cancellation of bookings by carriers

53 Cancellation of bookings by carriers

53 Cancellation of bookings by carriers

(1) The mandatory standards may provide for the cancellation of bookings by carriers, including in relation to the following—

(a) limitations on cancellation,

(b) procedures to be followed for a cancellation,

(c) the obligations of stevedores to rebook slots for cancelled bookings,

(d) the requirements for giving notice of a cancellation.

(2) A carrier may not cancel a booking after the start of the time zone for the booking.

(3) A carrier who cancels a booking otherwise than in accordance with the requirements of the mandatory standards referred to in this section is liable to pay the stevedore—

(a) a financial penalty of $50, and

(b) a stevedore or booking fee for the cancelled booking.