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Statutory Lien. - The Director General, after complying with the required legal formalities provided by law, shall have the power to impose lien on aircraft and machinery:
(a) If the charges and other fees are not paid in full on due date or any part of the charges or the late payment penalty thereto remains unpaid; and
(b) Failure to pay administrative fines arising from violation of any rules and regulations promulgated by the Authority.
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