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AIR SERVICES REGULATIONS 2019 - REG 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.
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