(1) If it appears to the Minister that an aircraft does not comply with the standards specified in a direction under section 13 of the Act of 1988, he may give a direction in writing to the company requiring it to cancel the registration of the aircraft under this Act on such date as may be specified in the direction or, as may be appropriate, to refuse to register the aircraft under this Act.

(2) Upon receipt of a direction under this section, the company shall forthwith notify the owner of the aircraft concerned of the direction and its contents and shall cancel the registration concerned on the date specified in the direction or, as the case may be, refuse to register the aircraft under this Act.