Consequent to the UK's withdrawal from the EU, this Halsbury paragraph should be read in conjunction with the Operation of Air Services (Amendment etc) (EU Exit) Regulations 2018, SI 2018/1392, pending incorporation of the changes into the text.
The grant and validity of an operating licence1 is dependent upon the possession of a valid air operator's certificate2. An undertaking3 must be granted an operating licence by a member state provided that:
(1) its principal place of business is located in that member state4;
(2) it holds a valid air operator's
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