Commonwealth Consolidated Regulations

CIVIL AVIATION SAFETY REGULATIONS 1998 - REG 47.131

  (1)   This regulation applies if:

  (a)   the ownership of an aircraft registered under Division   47.C.1 is transferred; and

  (b)   the new owner does not, within 28 days after the day of the transfer, make an application that complies with subregulation   47.110(6) to be the aircraft's registration holder.

  (2)   CASA must, by written notice given to the new owner, suspend the aircraft's registration.

  (3)   The suspension remains in force until the first - occurring of the following:

  (a)   CASA issues a new certificate of registration to the new owner;

  (b)   CASA cancels the registration.

  (4)   If the new owner does not, within 3 months after the day the aircraft's registration was suspended, make an application that complies with subregulation   47.110(6) to be the aircraft's registration holder, CASA must, by written notice given to the new owner, cancel the registration.