Parasailing

 1. It falls into the category of flying trailer objects.

 Article 2 (Interpretation) of the Speedboat Laws from 1992 to 2001 - Law 56 (I) / 1992):
 
"Trailer object" means any object which does not have its own independent mechanical power but it is hauled by a high-speed vessel, and for the purposes of this Law it includes any person pulled by the boat.
 
2.Any person who is pulled by the use of flying trailer objects must necessarily wear a life jacket.
 
Article 2 (Interpretation) of the Cruiser Laws from 1992 to 2001 - Law 56 (I) / 1992):
"Lifejacket" is a type of personal clothing that can be easily worn and securely attached to the body of an adult person or a child, has a buoyancy of at least fifteen (15) kilograms, without having to be filled with air, it includes a whistle, it has a distinct color and finally it is capable of holding the head of the user in case he does not keep his senses out of the water.
 
Article 5 (1) (Speedboat Operator Obligations) of the Cruiser Laws 1992 to 2001 - Law 56 (I) / 1992):
The speedboat operator must ensure that any person transported or pulled by the vessel, wears a life-jacket. 
 
3.Provisions for the safe use and operation of flying trailer objects.
 
Regulation 26 (Flying Trailers) of the Speed Boats Regulations 1999 - CP 121/1999:
 
26. (1) Flying trailer means any trailer capable of flying
 
(2) It is prohibited to the owner and the operator of a high-speed vessel to allow a person under 8 years of age to be lifted using a flying trailer by the vessel unless he/she is accompanied by a person who is over 18 years of age.
(3) It is prohibited to use a high-speed vessel towing a flying trailer in a distance less than 300 meters away from the nearest shore, rock island, reef, object which is less than 2 meters in depth and object that is protruded on the surface of the sea or at a crossing direction with another flying trailer. 
 
(4) The use of any deteriorated or inappropriate material or mechanism, as well as the use of any material or mechanism in violation of the specifications set by the manufacturer of a flying trailer, shall be prohibited.
 
(5) The owner and the operator of the high-speed vessel to which the flying trailer is fastened must control and sustain all kinds of materials and the mechanisms which are used for the flying trailer based either on the manufacturer's instructions or, when there are no any instructions, based on the experience acquired  prior to any use of the flying trailer.
 
(6) The edge of the tow line or the tow rope on the side of the high-speed boat must be permanently and securely attached to the boat.
 
(7) The edge of the towing line or rope on the side of the flying trailer must be securely fastened and thoroughly inspected by the owner and the operator of the high-speed boat before each flight.
 
(8) The total length of the towing line or towing rope of a flying trailer must not exceed 100 meters.
 
(9) The owner of any flying trailer must keep a diary regarding the use of the flying trailer that presents precisely its duration of use, any details of its maintenance in accordance with the manufacturer's instructions and generally any kinds of observations.
 
(10) The use by the owner and operator of the high speed flying craft and towing rope in violation of a 16 knot wind speed limit for safe use or when the sea state is undulating, before and after sunrise and after sunset of the sun.
 
(11) During each flight, the owner and the operator of the high-speed boat must ensure that a second person is in charge of the surveillance of the flight since the boat construction requires it.
 
(12) The owner and the operator of a high-speed boat must ensure that any person who is lifted by using an object towed by a vessel, wears a life jacket and complies with the provisions of these Regulations.
(13) Both the boat operator and the person who is in charge of monitoring the flight of a flying trailer must always obey to the instructions of the manufacturer of the flying trailer.
 
4. The maximum rental rates for flying trailer items (including VAT) are set out in KDP 135/2015.