Commonwealth Consolidated Regulations

AIR SERVICES REGULATIONS 2019 - REG 35

Notice inviting claims

  (1)   For the purposes of section   68 of the Act, as soon as practicable after the sale of an aircraft, AA must publish a notice:

  (a)   inviting persons claiming a security interest in the aircraft that was created before the date of sale of the aircraft to make a claim for approval of that interest in accordance with this section; and

  (b)   stating that the claim for approval must be made before the end of a period, specified in the notice, ending at least 21 days after the date of the notice.

  (2)   The notice must be published:

  (a)   in a national newspaper or a newspaper circulating in each State, the Australian Capital Territory and the Northern Territory; and

  (b)   if AA considers it necessary, for the purpose of drawing attention to the sale to the persons referred to in paragraph   (1)(a), to publish a notice of the proposed sale in another newspaper--in that newspaper; and

  (c)   on AA's website.

Requirements for claims

  (3)   A claim for approval must:

  (a)   be in writing signed by, or on behalf of, the claimant; and

  (b)   set out particulars of the security interest, including:

  (i)   when the interest was created; and

  (ii)   when the debt secured by the interest was incurred; and

  (c)   be given to AA, together with written evidence substantiating the nature and extent of the interest claimed, before the end of the period specified in the notice.