Imposition of statutory lien
59 Imposition of statutory lien
If:
a service charge in respect of an aircraft is not paid in full by the due date for payment; and
any part of the charge, or any part of late payment penalty on the charge, remains unpaid;
an authorised employee may direct the Registrar to make an entry in the Register in the manner prescribed by the regulations.
When the entry is made, a statutory lien on the aircraft vests in AA.
The lien covers the following:
the service charge or penalty;
any penalty that becomes payable in respect of the service charge after the entry is made;
any further outstanding amounts in respect of the aircraft.
This provision refers to the regulations (prescribed by the regulations
). Made under this Act:
- Air Services Act 1995 - Direction pursuant to section 16 concerning environmental responsibilities of Airservices Australia · Legislative Instrument · under s 16
- Air Services Act 1995 section 16 Direction No. 4 of 2004 · Legislative Instrument · under s 16
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