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issuing its Air Operator’s Certificate or the relevant Aeronautical Authority

is not clearly identified in the designation; or

(iii) the Airline is not owned, directly or through majority ownership, or it is not

effectively controlled by Member States of the European Union or the

European Free Trade Association and/or by nationals of such States;

b) in the case of an Airline designated by Curaçao:

(i) the Airline is not established in the Territory of Curaçao or does not have a

valid Operating Licence in accordance with the applicable law; or

(ii) effective regulatory control of the Designated Airline is not exercised or

not maintained by Curaçao or Curaçao is not responsible for issuing its Air

Operator’s Certificate or the relevant Aeronautical Authority is not clearly

identified in the designation; or

(iii) the Airline is not owned, directly or through majority ownership, or it is not

effectively controlled by Curaçao and/or by its nationals;

c) in the case the Designated Airline fails to meet the conditions prescribed under

the legislation normally applied to the operation of International Air Services by the Party

considering the application or applications; or

d) in the case of failure by such Designated Airline to comply with the legislation

of the Party granting the authorization or permission; or

e) in the case the Designated Airline fails to operate the Agreed Services in

accordance with the conditions prescribed under this Agreement and the Annex attached

hereto.

II SÉRIE-A — NÚMERO 12__________________________________________________________________________________________________________

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