This Order has effect for the period from 5 December 2022
to 4 December 2025.
Interpretation 2.
In this Order—
“Joint Venture Agreement” means the Joint Venture Agreement between
Singapore Airlines Limited and Deutsche Lufthansa AG dated 11 November 2015;
“party” means a party to the Joint Venture Agreement, individually referring to Singapore Airlines Limited or Deutsche Lufthansa AG, and “parties” shall be construed accordingly.
Individual exemption 3.
The
Commission grants an individual exemption in respect of the Joint Venture Agreement from the prohibition under section 49 of the Act.
5
Condition of the individual exemption 4.
The individual exemption granted under this Order is subject to the condition that the parties shall not operate under a common name.
Obligations under the individual exemption 5.