Standard Exchange Scheme definition
Standard Exchange Scheme means a scheme under which the exporter of a repaired or over- hauled aircraft part;or an importer of anaircraft part for repair or overhaul , agree to supply a repaired or overhauled part in exchange of such part ;
Standard Exchange Scheme means a scheme under which the exporter of aircraft parts undertakes repair or overhaul of aircraft parts and agrees to supply a similar repaired or overhauled part in exchange for a part sent for repair or overhaul;