Code of Federal Regulations - Title 14: Aeronautics and Space (December 2005)
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TITLE 14 - AERONAUTICS AND SPACE
CHAPTER II - OFFICE OF THE SECRETARY, DEPARTMENT OF TRANSPORTATION (AVIATION PROCEEDINGS)
SUBCHAPTER A - ECONOMIC REGULATIONS
PART 297 - FOREIGN AIR FREIGHT FORWARDERS AND FOREIGN COOPERATIVE SHIPPERS ASSOCIATIONS
subpart c - REGISTRATION FOR FOREIGN AIR FREIGHT FORWARDERS AND FOREIGN COOPERATIVE SHIPPERS ASSOCIATIONS
297.25 - Cancellation or conditioning of registration.
The registration of a foreign indirect air carrier may be canceled or subjected to additional terms, conditions or limitations if: (a) It files with the Department a written notice that it is discontinuing foreign indirect air carrier activities; (b) It fails to perform air transportation services as authorized; (c) It fails to file the reports required by this part; (d) A substantial ownership or control interest is acquired by persons who are not citizens of the country of citizenship of the registrant; (e) There is a failure of effective reciprocity; or (f) The Department finds that it is in the public interest to do so.
[ER1159, 44 FR 69635, Dec. 4, 1979, as amended by ER1294, 47 FR 19685, May 7, 1982]
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