# Carriage by Air Act 1961, Paragraph 2


If the review referred to in the preceding paragraph concludes that the inflation factor has exceeded 10 per cent, the Depositary shall notify States Parties of a revision of the limits of liability. Any such revision shall become effective six months after its notification to the States Parties. If within three months after its notification to the States Parties a majority of the States Parties register their disapproval, the revision shall not become effective and the Depositary shall refer the matter to a meeting of the States Parties. The Depositary shall immediately notify all States Parties of the coming into force of any revision.

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Source: https://www.legislation.gov.uk/ukpga/Eliz2/9-10/27/schedule/1B/part/1/chapter/III/paragraph/2n8 (the official version)
Page: https://openlegislation.uk/carriage-by-air-act-1961/schedule-1B/part-1/chapter-III/paragraph-2n8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.