[Code of Federal Regulations]

[Title 14, Volume 4]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 14CFR294.50]



[Page 240]

 

                     TITLE 14--AERONAUTICS AND SPACE

 

   CHAPTER II--OFFICE OF THE SECRETARY, DEPARTMENT OF TRANSPORTATION 

                         (AVIATION PROCEEDINGS)

 

PART 294_CANADIAN CHARTER AIR TAXI OPERATORS--Table of Contents

 

     Subpart F_Cancellation of Registration and Presidential Review

 

Sec. 294.50  Cancellation, revocation, or suspension of registration.





    The registration of a carrier subject to this part may be revoked, 

canceled, suspended, modified, or otherwise subjected to additional 

terms and conditions by the Department if:

    (a) The carrier files with the Department a written notice that it 

is discontinuing operations;

    (b) The carrier is the holder of a section 41302 permit to perform 

large aircraft charters under the Agreement;

    (c) Substantial ownership or effective control is acquired by 

persons who are not (1) citizens of Canada, (2) the Government of 

Canada, or (3) a combination of both;

    (d) The Canadian Government withdraws the registrant's designation 

under the Agreement;

    (e) The Agreement between the two countries is terminated;

    (f) The registrant fails to have proper insurance coverage, or fails 

to file or keep a current insurance certificate on file with the 

Department;

    (g) The registrant fails to comply with the terms, conditions, or 

limitations of this part;

    (h) The carrier's operations specifications issued by the FAA are 

suspended or terminated;

    (i) The Department finds that it is in the public interest to do so.



[ER-1257, 46 FR 52591, Oct. 27, 1981, as amended at 60 FR 43526, Aug. 

22, 1995]