Regulatory Intelligence
Can AER tell applicants the security amount before filing?
Category:
Licence Transfers and Liability
Research Basis
Archive Period
2021-2025
Records Reviewed
12
Primary Topics
Directive 088; security deposit; licence transfer; crossover timeline; financial distress; LCA
Current Reference
AER Directive 088; AER Manual 023; AER Directive 067; AER Directive 011; AER Directive 068
Common Question
Can AER tell applicants the security amount before filing?
Archive Findings
The D088 Q&A says AER is unable to provide a preliminary determination of security for a transfer.
Security depends on the holistic assessment, licences in the transfer, LCA information, financial distress, crossover timelines, and data available at the time of review.
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Engineering Insight
Model possible security internally, but do not promise an exact deposit before AER decision. Build deal terms that can absorb approval conditions or security outcomes.
Current Guidance
Current Directive 088 and Manual 023 describe the security factors used in transfer review. Directive 068 governs security-deposit mechanics.
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