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Contents

Chapter IX · Commercial Air Transportation

97. Air Transport Service Licence

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

(1)

No person shall carry on the business of air transportation in Sri Lanka, except under the authority of or otherwise than in accordance with the terms or conditions, of an Air Transport Service Licence issued in that behalf by the Authority.

(2)

Any person desiring to obtain a licence under subsection (1), may submit an application for the same together with the prescribed fee and the Authority may issue a licence to such person where it is satisfied that the applicant has complied with the requirements specified in subsection (3).

(3)

The requirements that should be satisfied by a person for the issue of a licence under this section, shall be the availability of—

(a)

adequate infrastructure facilities and staff requirements;

(b)

adequate financial arrangements necessary for discharging the actual and potential obligations in respect of the business activities relating to air transportation; and

(c)

bank guarantees or other security necessary to cover financial commitments to clients.

(4)

Notwithstanding the provisions of paragraph (c) of subsection (3), an operator of an aircraft applying for a licence under subsection (1), shall not be required to furnish a bank guarantee or other security, as required under that paragraph.

Read on from s 98

Chapter X

Offences and Penalties

Read on from Chapter X

Chapter XI

General

Read on from Chapter XI

Schedules