Article 5U.K.Compliance

1.Air carriers and, when so required, aircraft operators, as referred to in Article 2, shall demonstrate compliance with the insurance requirements set out in this Regulation by providing [F1the UK competent authority] with a deposit of an insurance certificate or other evidence of valid insurance.

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5.In exceptional cases of insurance-market failure, the [F5Secretary of State may, by regulations, make provision for paragraph 1 to apply with modifications.]