Company: GVH
Filing Date: 2025-02-12
Form Type: 20-F
Source: 0001493152-25-006117
Chunk: 76

Company: Globavend Holdings Ltd
Filing Date: 2025-02-12
Form: 20-F
Item: Item 3
Chunk 76
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 of violence against civil air transport and
connected purposes, and constitute the comprehensive legislation for implementation of the conventions and agreements on aviation security
promulgated by the International Civil Aviation Organization (the “ ICAO”). To safeguard aircraft against acts of unlawful
interference, the ICAO has laid own standards and recommend practice in Annex 17 to the Convention on International Civil Aviation (the
“ CICA”) on the security measures required to be implemented by contracting states. For the security of air cargo to be in
line with Annex 17 to the CICA, the Hong Kong Aviation Security Programme, which is enforceable under the Aviation Security Ordinance,
has incorporated the Regulated Agent Regime (the “ RAR”) since March 2000. A cargo handling agent, a freight forwarder or
a consignor of air cargo may apply for registration as a regulated agent (“ RA”), who is required to comply with the requirements
in respect of an RA in the Hong Kong Aviation Security Programme, in order to prevent the unauthorized carriage of explosives and incendiary
devices in the consignments of cargo intended for carriage by air.

Under the RAR, an
RA is obliged, among other obligations, to ensure that the appropriate security controls acceptable by the Civil Aviation Department
(“ CAD”) are properly implemented upon the acceptable of cargo for carriage by air unless the consignment of cargo is safeguarded
against unauthorized interference after its reception and to make best endeavours to protect it from unauthorized interference until
the consignment is accepted by another RA or an airline.

An RA shall also ensure
that a consignment of cargo accepted from a known consignor or another RA is:

  (a)      accompanied by a full description of the contents in the shipping documents                                                    
  (b)      checked against the description in the shipping documents in respect                                                           
  (c)      declared as known cargo by checking the annotation of the tendering                                                            
  (d)      safeguarded from unauthorized interference after it has been received                                                          

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RAs shall also maintain
an orderly documentation and record system. Documents such as airway bills, cargo manifests and relevant instructions from consignors
should be kept for at least 31 days after the consignment is flown.

On September 1, 2016,
the ICAO has introduced a new policy direction to progressively increase the required screening percentage of known cargoes consigned
by existing consignors which have not