Singapore legislation
Regulation 5
Regulation 5
Grant of licence
Subregulation 1
An application for the grant of a licence to provide any air services that are not the subject of any available air traffic rights within the meaning of Part IA shall be made to the Minister.
Subregulation 2
The Minister may grant a licence on such terms and conditions as he may determine, or refuse to grant the licence.
Subregulation 3
A licensee and any person having a financial interest in the business of the licensee shall refrain from stipulating that any other person shall —
refuse to permit any person to act as agent for another licensee in respect of any business of providing an air service; or
grant such facilities to such other licensee only on onerous terms.
Subregulation 4
A licensee shall perform such reasonable services as any public postal licensee may from time to time require for the conveyance of mails and of any person who may be in charge thereof upon journeys made under the licence.
Subregulation 5
The remuneration for any services performed under paragraph (4) shall be such amount as may be from time to time determined by agreement between the public postal licensee and the licensee.
Subregulation 6
In default of such an agreement being reached, the remuneration shall be determined by 2 arbitrators, one to be appointed by the public postal licensee and the other by the licensee and the provisions of the Arbitration Act (Cap. 10) shall apply to such arbitration as if the same were pursuant to an arbitration agreement within the meaning of that Act.