- 1
- The tariffs to be charged by the designated airlines of the Contracting Parties for carriage between their territories shall be those approved by the aeronautical authorities of both Contracting Parties and shall be established at reasonable levels, due regard being paid to all relevant factors, including cost of operation, reasonable profit and the tariffs of other airlines for any part of the specified route.
- 2
- Tariffs referred to in paragraph 1 of this Article shall, if possible, be agreed between the designated airlines of both Contracting Parties whether or not through the use of the applicable procedures of the International Air Transport Association. The airlines may consult other airlines operating over the whole or part of the routes. Where one Contracting Party has not designated an airline, the tariffs shall be drawn up by the designated airline(s) of the other Contracting Party. In any case the tariffs shall be subject to the approval of the aeronautical authorities of both Contracting Parties.
- 3
- All tariffs so agreed shall be submitted for approval of the aeronautical authorities of both Contracting Parties at least forty-five (45 ) days before the proposed date of their introduction, except where the said authorities agree to reduce this period in special cases.
- 4
- Approval of tariffs may be given expressly; or, if neither of the aeronautical authorities has expressed disapproval within thirty (30 ) days of the date of submission, in accordance with paragrph 3 of this Article, the tariffs shall be considered as approved.
- In the event of the period for submission being reduced, as provided for in paragraph 3 of this Article, the aeronautical authorities may agree that the period within which any disapproval must be notified shall be reduced accordingly.
- 5
- If a tariff cannot be agreed in accordance with paragraph 2 of this Article, or if, during the period applicable in accordance with paragraph 4 of this Article, one aeronautical authority gives the other aeronautical authority notice of its disapproval of any tariff agreed in accordance with the provisions of paragraph 2 of this Article, the aeronautical authorities of the two Contracting Parties shall endeavour to determine the tariff by mutual agreement.
- 6
- If the aeronautical authorities cannot agree on a tariff submitted to them under paragraph 3 of this Article, or on the determination of a tariff under paragraph 5 of this Article, the dispute shall be settled in accordance with the provisions of Article 17 of this Agreement.
- 7
- Tariffs established in accordance with the provisions of this Article shall remain in force until new tariffs have been established.
- 8
- The designated airlines of both Contracting Parties may not charge tariffs different from those which have been approved in conformity with the provisions of this Article.
