Aviation (Insolvency, Protection & Mergers) Act, 1969
Jump to navigation
Jump to search
Aviation (Insolvency, Protection & Mergers) Act, 1969 | |
---|---|
Parliament of Satavia | |
An Act to make provision for the merger of aviation corporations held under the Aviation (Pricing & Regulations) Act, 1955 in the event of insolvencies, bankruptcies and other economic issues that may be determined to threaten or have a negative effect on the Satavian aviation industry | |
Citation | 1969 c.6 |
Date passed | 1 June 1969 |
Date enacted | 17 July 1969 |
Amends | |
Aviation (Free Enteprise) Act, 1999, Aviation (Policing, Standards & Ethics) Act, 2004, Public Order Act, 2005, Criminal Finances Act, 2017 | |
Status: Amended |
The Aviation (Insolvency, Protection & Mergers) Act, 1969 (c 6) is an act of the Parliament of Satavia. It was passed in 1969 as a result of the impending collapse of Satavia's second largest airline, Satavian Regional Airways, and it allowed Satavian Airways to merge with SRA, which it had previously been unable to do as a result of the Aviation (Pricing & Regulations) Act, 1955.