BATAS PAMBANSA BLG. 504 - AN ACT
AUTHORIZING THE REGISTRATION AND OPERATION OF LEASED AIRCRAFT, AMENDING
FOR THE PURPOSE SECTIONS THIRTY-TWO, THIRTY-FOUR, THIRTY-FIVE AND
THIRTY-SIX OF REPUBLIC ACT NO. 776, OTHERWISE KNOWN AS THE CIVIL
AERONAUTICS ACT OF THE PHILIPPINES |
Section 1. Paragraph five, Section Thirty-two, Chapter Five
of Republic Act Numbered Seven hundred seventy-six is amended to read
as follows: "Sec. 32.Powers and duties of the Administrator. – Subject to the general
control and supervision of the Department Head, the Administrator shall
have among others, the following powers and duties: "(5) To issue air carrier operating certificate and to establish minimum safety standards for the operation of the air carrier to whom such certificate is issued." Sec. 2. Section thirty-four of the same Act is amended to read as follows: "Sec. 34.Eligibility for registration. – Except as otherwise provided in the
Constitution and existing treaty or treaties, no aircraft shall be
eligible for registration unless it is owned by or leased to a citizen
or citizens of the Philippines and is not registered under the laws of
any foreign country. "Such certificate shall be conclusive evidence of nationality for international purposes, but not in any proceedings under the laws of the Republic of the Philippines. "The certificate of registration is conclusive evidence of ownership, except in a proceeding where such ownership is in issue or when the aircraft is only under lease." Sec. 3. Section thirty-five of the same Act is amended to read as follows: "Sec. 35.Application for aircraft registration. – Applications for certificate
of registration shall be made in writing, signed and sworn to by the
owner or lessee of any aircraft eligible for registration. The
application shall also state: (1) the date and place of filing; (2) the
specification, construction, and technical description of the aircraft;
and (3) such other information as may be required by the Administrator
in such manner and form as the Administrator may by regulations
prescribe. If the aircraft is under lease, the contract of lease shall
be attached to the application." Sec. 4. Section thirty-six of the same Act is amended to read as follows: "Sec. 36.Issuance of certificate of registration. – Should the Administrator
find the application for registration to be in order and the aircraft
eligible for registration, such aircraft shall be registered by the
Administrator, and the latter shall issue to the owner of lessee
thereof a certificate of registration: Provided, however, That if the
aircraft is only under lease, no registration shall be valid beyond the
lifetime of the lease." Sec. 5. This Act shall take effect upon its approval. Approved: June 10, 1983. (P.B. No. 2084) |