Section 46

Every aircraft operator, and every air transport enterprise to which an operating licence has been issued under section 24, shall secure and maintain in force an insurance policy, in such minimum amounts as may be determined by the Minister of Finance and Economy, covering the various liabilities set out in this Act, in the applicable international conventions or in other agreements governing liability.

The failure to secure or maintain in force such insurance in such minimum amounts as may be determined shall, in addition to any other civil or criminal penalty which may be imposed, constitute a basis for the grounding of aircraft or the revocation or suspension of the licence for public transportation.

Civil Aviation

B.L.R.O. 6/2024 33