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Canadian Aviation Regulations

Version of section 602.155 from 2006-03-22 to 2008-09-04:

  •  (1) An operator may transfer legal custody and control of a Chapter 2 aeroplane to another person with or without transferring the amount of base level that corresponds to that aeroplane.

  • (2) An operator may not transfer an amount of base level to another person unless the operator also transfers to that person legal custody and control of the number of Chapter 2 aeroplanes that corresponds to that amount of base level.

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