International Air Services Commission Act 1992

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The International Air Services Commission Act 1992 establishes the International Air Services Commission to promote economic efficiency through competition in the provision of international air services. The Act aims to enhance the welfare of Australians by increasing responsiveness, promoting growth in Australian tourism and trade, and maintaining Australian carriers capable of competing effectively with airlines from foreign countries.

Key provisions include making determinations allocating available capacity, conducting reviews of those determinations, and providing advice to the Minister on international air operations. The Commission has the power to do everything necessary or convenient for or in connection with the performance of its functions.

The Act also includes provisions related to membership, operational decisions, and notice requirements. It establishes a framework for the allocation of available capacity, including the requirement for applications, determinations, and reviews. The Act's policy statements set out criteria for assessing the benefit to the public in relation to allocations of capacity.