Document ID: chunk:federal_register_of_legislation:F2024C00980:reg:34
Version: federal_register_of_legislation:F2024C00980
Segment Type: reg
Provision Reference: reg 34
Character Range: 36277–37539

34  Sale of aircraft
 (1) For the purposes of paragraph 67(2)(a) of the Act, in order to effect the sale of an aircraft, AA must:
 (a) ascertain the aircraft's value by means of a survey of the aircraft; and
 (b) publish a notice, stating AA's intention to sell the aircraft and setting out the proposed method of sale:
 (i) in a national newspaper or a newspaper circulating in each State, the Australian Capital Territory and the Northern Territory; and
 (ii) in another newspaper circulating in the State or Territory in which it is intended to sell the aircraft; and
 (iii) on AA's website; and
 (c) if satisfactory terms and conditions of sale can be agreed between AA and a purchaser—sell the aircraft in accordance with the proposed method of sale.
 (2) For the purposes of subsection 67(3) of the Act, at least 14 days before the date on which it is intended to sell an aircraft, AA must publish a notice of the proposed sale:
 (a) in each newspaper in which a notice was published under paragraph (1) (b); and
 (b) if AA considers it necessary, for the purpose of drawing attention to the proposed sale to the persons referred to in section 31, to publish a notice of the proposed sale in another newspaper—in that newspaper; and
 (c) on AA's website.