Lok Sabha Passes Aircraft (Amendment) Bill To Raise Maximum Cap On Fines From 10L To 1Cr [Read Bill]

The Lok Sabha on Tuesday passed the Aircraft (Amendment) Bill, 2020, to bring the Aircraft Act, 1934 in line with the internationally accepted standards, procedures and practices as laid down by the International Civil Aviation Organisation (ICAO). As per the Statement of Objects and Reasons annexed to it, the 2012 and 2105 audits conducted by the ICAO indicated a need to amend...