Applicants have to provide documents to demonstrate that they are parent and subsidiary company or subsidiaries of the same parent company. ACNL considers a company to be a parent company if it can exercise decisive influence on the subsidiary company. This is typically the case if it has a majority of voting rights.
Companies have to provide documents in which the structure is defined, e.g. a notarial statement. Only in case airlines have notified a transfer before ánd the ownership structure has not changed at all since that moment, airlines can refrain from sending documentation and tag declaration IV.
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