Short title: This Directive may be cited as the “Procedure for Issuance and Exercising Rights of Air Operator Certificate (AOC) and Business License No 659/2021. Objectives: To establish a transparent & fair regulatory framework for processing, issuance and application of Air Operators Certificate(AOC) and Business License, 2.2 To protect against illegal practices in relation to holding and exercising rights granted under AOC and Business License; and 2.3 To ensure operational and state revenue issues are properly addressed.