Summary
The International Air Services Commission Regulations 1992 established procedural rules for the International Air Services Commission (IASC), which was created to allocate capacity entitlements on international air routes to/from Australia. The regulations covered matters such as how capacity applications would be made, processed, and allocated between airlines. The IASC was abolished in 2008, making these regulations obsolete.
Reason
The regulations are obsolete - the International Air Services Commission they supported was abolished in 2008, with its functions transferred to the Department of Infrastructure. When operational, these regulations represented harmful economic intervention: government allocation of international aviation capacity restricts competition, creates barriers to entry for new airlines, benefits incumbent operators through artificial scarcity, raises prices for consumers, and adds regulatory compliance costs without adding value. Market mechanisms, not bureaucratic allocation, should determine capacity on international routes.