Regulation (EU) 2019/1384
(a) The competent authority shall approve a lease agreement when satisfied that the operator certified in accordance with Annex III (Part-ORO) complies with:
(1) ORO.AOC.110(d), for dry leased-in third country aircraft;
(2) ORO.AOC.110(c), for wet lease-in of an aircraft from a third country operator;
(3) ORO.AOC.110(e), for dry lease-out of an aircraft to any operator, except for the cases specified in point ORO.GEN.310 of Annex III;
(4) relevant requirements of continuing airworthiness and air operations, for dry lease-in of an aircraft registered in the EU and wet lease-in of an aircraft from an EU operator.
(b) The approval of a wet lease-in agreement shall be suspended or revoked whenever:
(1) the AOC of the lessor or lessee is suspended or revoked;
(2) the lessor is subject to an operating ban pursuant to Regulation (EC) No 2111/2005[48] of the European Parliament and of the Council[49];
(3) the authorisation issued in accordance with Commission Regulation (EU) No 452/2014[50] has been suspended, revoked or surrendered.
(c) The approval of a dry lease-in agreement shall be suspended or revoked whenever:
(1) the certificate of airworthiness of the aircraft is suspended or revoked;
(2) the aircraft is included in the list of operators subject to operational restrictions or it is registered in a State of which all operators under its oversight are subject to an operating ban pursuant to Regulation (EC) No 2111/2005.
(d) When asked for the prior approval of a dry-lease out agreement in accordance with ORO.AOC.110(e), the competent authority shall ensure:
(1) proper coordination with the competent authority responsible for the continuing oversight of the aircraft, in accordance with Commission Regulation (EU) No 1321/2014[51], or for the operation of the aircraft, if it is not the same authority;
(2) that the aircraft is timely removed from the operatorโs AOC except for the cases specified in point ORO.GEN.310 of Annex III.
(e) When asked for prior approval of a dry lease-in agreement in accordance with point ORO.AOC.110(d), the competent authority shall ensure proper coordination with the State of Registry of the aircraft as necessary to exercise the oversight responsibilities of the aircraft.
[48] Regulation (EC) No 2111/2005 of the European Parliament and of the Council of 14 December 2005 on the establishment of a Community list of air carriers subject to an operating ban within the Community and on informing air transport passengers of the identity of the operating air carrier, and repealing Article 9 of Directive 2004/36/EC (OJ L 344, 27.12.2005, p. 15).
[49] OJ L 344, 27.12.2005, p. 15.
[50] Commission Regulation (EU) No 452/2014 of 29 April 2014 laying down technical requirements and administrative procedures related to air operations of third country operators pursuant to Regulation (EC) No 216/2008 of the European Parliament and of the Council (OJ L 133, 6.5.2014, p. 12).
[51] Commission Regulation (EU) No 1321/2014 of 26 November 2014 on the continuing airworthiness of aircraft and aeronautical products, parts and appliances, and on the approval of organisations and personnel involved in these tasks (OJ L 362, 17.12.2014, p. 1).
EASA rules for approving lease agreements for aeroplanes and helicopters, covering dry and wet leases, suspension conditions, and coordination duties for competent authorities.
* Summary by Aviation.Bot - Always consult the original document for the most accurate information.
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