Official Record Series 3
The CAA has published an updated version of its Official Record Series 3 (“ORS3”). The previous version was published in October 2012 which updated the edition (8 May 2012) which reflected the introduction of the ATOL Regulations 2012 setting out how the new ATOL Regulations were to be enacted.
This new version of ORS3 has only three changes. The addition of both ATOL Standard Term 1.7B and addition of new Agency Term 12 is to ensure that the ATT is able to claim in all relevant circumstances in the estate of a failed ATOL holder. The current Republic of Ireland Exemption expired on 31 March 2013 and is replaced by a further exemption running to 30 June 2013.
The change to the ATOL Standard Terms will take effect from 4 May 2013 and will require ATOL holders to make an amendment to their terms and conditions with consumers.
As required by Regulation 11 of the ATOL Regulations the new Exemption will come into effect on 6 April 2013, which is the day following publication.
This April 2013 version of the ORS3 has change bars highlighting the amendments outlined above and also revisions and amendments from the October 2012 version. The revisions that were made and all amendments and the rationale for each of them are set out in the CAA’s ORS3 Changes 1 October 2012 document.
Section 1.2 of the ORS3 includes the Exemptions from the ATOL Regulations. In accordance with Regulation 11 of the ATOL Regulations any Exemptions granted by the CAA from time to time after publication of ORS3 are published on this website.
If in accordance with ATOL Regulation 57(3), the CAA is required to publish notice of the date, time and place of a public hearing the details would be published on the CAA website.