Civil Aviation Act, 2009 (Act No. 13 of 2009)RegulationsCivil Aviation Regulations, 2011Part 93 : Corporate Aviation Operations and High Performance AircraftSubpart 6 : Corporate Aviation Operator Certificate93.06.2 Validity and status of CAOC |
(1) | Subject to the provisions of subregulation (2), a CAOC shall be valid for indefinite period, unless otherwise provided by the Director. |
(2) | A CAOC shall cease to be valid if— |
(a) | voluntarily surrendered by a holder; |
(b) | cancelled by the Director; or |
(c) | a holder fails to pay an annual fee as prescribed in Part 187 of these regulations. |
(3) | The Director may suspend or cancel a CAOC if a holder— |
(a) | no longer meets requirement for the issuance of CAOC; |
(b) | fails to successfully complete prescribed audits and inspections; |
(c) | fails to resolve any adverse finding made by the Director within a reasonable period allowed by the Director; and |
(d) | violates a condition or OpSpec of a CAOC. |
(4) | Where a CAOC has seized to be valid or is suspended or cancelled by the Director, a holder must return a CAOC concerned to the Director within seven days of being so notified. |