Translation of "translation of transporteur de fonds " (French → English) :

– Firstly, given that the purpose of the regulation is to facilitate the cross-border transportation of cash, it is important to ensure that the rules it establishes are sufficiently clear and workable for the CIT companies and national authorities.

Amongst other things that amendment should enable the necessary distinction to be made between the various types of establishment which place our common currency into circulation. On the one hand there are the major credit, financial, economic, commercial and cash-transport organisations to which the direct obligation to carry out authentification would apply. In the particular case of large shopping complexes the requirement to carry out authentification would prevent most complexes from distributing via their automatic cash dispensers notes and coins which have not been checked and may as a consequence be false. On the other hand there ...[+++] would be small traders who for obvious reasons would be required only to proceed with ‘due diligence’ - i.e. to withdraw any euro notes and coins which they know or have sufficient reason to believe to be counterfeit.

1. The validity of the payment made by the carrier exercising a right of recourse pursuant to Article 62 may not be disputed by the carrier against whom the right to recourse is exercised, when compensation has been determined by a court or tribunal and when the latter carrier, duly served with notice of the proceedings, has been afforded an opportunity to intervene in the proceedings.

2. The common criteria for imposing an operating ban on an air carrier, which shall be based on the relevant safety standards, are set out in the Annex (and are hereinafter referred to as the common criteria).

It is somewhat more difficult to take pity on those left behind, for example old people who are tortured to death for their savings, badly paid money couriers who are shot dead by gangsters in a heartless act, or children who are raped and killed.

However, there is a first tier of strict carrier liability for damages of up to 100 000 SDRs (special drawing rights, as defined by the International Monetary Fund, i.e. around 135 000 euros), in respect of which the air carrier cannot contest claims for compensation.