History — 521.357

521.357 (1) Subject to subsection (2), the Minister shall approve the transfer of a design approval document in respect of an aeronautical product from the holder of the design approval document to a transferee if (a) the holder (i) notifies the Minister in writing of the intention to transfer the design approval document, (ii) provides the Minister with the legal name, address and telephone number of the transferee, (iii) provides the Minister with the number of the design approval document, the legal name of the manufacturer and the model designation of the aeronautical product that is the subject of the transfer, (iv) returns to the Minister the original design approval document signed by the holder, and (v) provides the transferee with the type design of the aeronautical product that is the subject of the transfer and the information recorded under paragraph 521.365(a); and (b) the transferee (i) applies for the issuance of an amended design approval document, (ii) complies with the requirements set out in section 521.352, and (iii) submits a signed undertaking to carry out the responsibilities specified in this Division. (2) If the transfer involves a foreign state, the holder…