Singapore legislation

Regulation 30

of Air Navigation (Carbon Emissions and Reporting) Regulations 2022

Regulation 30

Parent and subsidiary as single Singapore operator

Subregulation 1

A Singapore operator with a wholly‑owned subsidiary Singapore operator may, with the approval of the Director‑General of Civil Aviation, be treated as a single Singapore operator for the purposes of these Regulations.

Subregulation 2

An applicant for an approval under paragraph (1) must submit to the Director‑General of Civil Aviation documentary evidence demonstrating —

(a)

if the applicant is a wholly‑owned subsidiary of another Singapore operator — that the applicant is a wholly‑owned subsidiary of another Singapore operator; or

(b)

if the applicant has a wholly‑owned subsidiary that is a Singapore operator — that the subsidiary Singapore operator is wholly‑owned by the applicant.

Subregulation 3

In this regulation, a Singapore operator is a wholly‑owned subsidiary of another Singapore operator if none of the members of the firstmentioned Singapore operator is a person other than —

(a)

that other Singapore operator;

(b)

a nominee of that other Singapore operator;

(c)

a subsidiary of that other Singapore operator being a subsidiary which none of the members is a person other than that Singapore operator or a nominee of that Singapore operator; or

(d)

a nominee of the subsidiary mentioned in sub‑paragraph (c),and “subsidiary” has the meaning given by the Companies Act 1967.