Document ID: chunk:federal_register_of_legislation:C2024C00624:section:67
Version: federal_register_of_legislation:C2024C00624
Segment Type: section
Provision Reference: s 67
Character Range: 57873–58628

67  Sale of aircraft
 (1) This section applies if an outstanding amount covered by a statutory lien on an aircraft remains unpaid at the end of 9 months after the day on which it became an outstanding amount or the day on which the lien was registered, whichever is the later.
 (2) AA may at any time do any of the following, whether or not the aircraft has been seized under section 65:
 (a) sell the aircraft as prescribed by the regulations;
 (b) execute all documents necessary for effecting the sale;
 (c) give effective title to the aircraft free of all encumbrances, leases and contracts of hire.
 (3) Before selling the aircraft, AA must take reasonable steps to give reasonable notice of the sale to the persons referred to in subsection 65(3).