(1) CASA may refuse to consider an application, or to consider it further, while there are requirements under this Subdivision that the applicant has not complied with.
(2) If the applicant is not a constitutional corporation,
subsection (1) applies, in relation to a requirement that relates to an
acceptable contract of insurance or adequate financial arrangements (within
the meaning of Part IVA of the
Civil Aviation (Carriers' Liability) Act 1959 ), to the extent that the
application relates to carriage by air covered by Part IA, II, III or
IV of that Act .