9.
| (1) The Minister may, by Order published in the Gazette declare that, with effect from such date as may be specified in the Order (hereinafter in this Part of this Action to issue referred to as the "appointed date") no person shall carry on the business of air transportation in Sri Lanka except under the authority of, or otherwise than in accordance with, the terms or conditions, of a licence issued in that behalf by the Director-General of Civil Aviation appointed under the Air Navigation Act (hereinafter in this Part of this Act referred to as " the Director-General of Civil Aviation ") on application made therefor and on payment of the prescribed fee. |
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| (2) No licence shall be issued under subsection (1) to any person, unless such person"
| | (a) satisfies the Director -General of Civil Aviation that"
| | | (i) he is capable of carrying on the business of air transportation and has a licence or registration, for the time being in force, issued under the Ceylon Tourist Board Act, No. 10 of 1966, to carry on business as a travel agent; and |
| (ii) his resources and the financial arrangements made by him are adequate for discharging his actual and potential obligations in respect of the business activities relating to air transportation, if any, in which he is presently engaged and in which he may be expected to engage in, if he is issued the licence. |
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| (3) An operator of an aircraft applying for a licence under subsection (1) shall not be required to furnish a bank guarantee under paragraph (b) of subsection (2). |
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| (4) No licence issued under this Act shall be transferable and any transfer made in contravention of this prohibition shall be null and void. |
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| (5) Every person carrying on business of air transportation under a licence issued under subsection (1) shall maintain such records as may be prescribed, and shall furnish to the Director-General of Civil Aviation such returns, information or explanation as he may from time to time be required to furnish by the Director-General of Civil Aviation for the purposes of this Part of this Act. |
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Sri Lanka Consolidated Acts