Civil Aviation Act, 2009 (Act No. 13 of 2009)RegulationsCivil Aviation Regulations, 2011Part 48 : Leasing of AircraftSubpart 1 : General48.01.1 Application |
(1) | This Part applies to all aircraft lease agreements involving South African air service operators, South African registered aircraft and foreign registered aircraft operated by South African air service operators. |
(2) | The provisions of this Part apply with the necessary changes to any dry lease agreement whereby either the lessor or the lessee is a South African entity but not an air service operator. |
(3) | The provisions of this Part apply with the necessary changes to any sublease agreement. |