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Convention on International Interests in Mobile Equipment
[Preamble]
Chapter I - Sphere of application and general provisions
Article 1 - Definitions
Article 2 - The international interest
Article 3 - Sphere of application
Article 4 - Where debtor is situated
Article 5 - Interpretation and applicable law
Article 6 - Relationship between the Convention and the Protocol
Chapter II - Constitution of an international interest
Article 7 - Formal requirements
Chapter III - Default remedies
Article 8 - Remedies of chargee
Article 9 - Vesting of object in satisfaction; redemption
Article 10 - Remedies of conditional seller or lessor
Article 11 - Meaning of default
Article 12 - Additional remedies
Article 13 - Relief pending final determination
Article 14 - Procedural requirements
Article 15 - Derogation
Chapter IV - The international registration system
Article 16 - The International Registry
Article 17 - The Supervisory Authority and the Registrar
Chapter V - Other matters relating to registration
Article 18 - Registration requirements
Article 19 - Validity and time of registration
Article 20 - Consent to registration
Article 21 - Duration of registration
Article 22 - Searches
Article 23 - List of declarations and declared non-consensual rights or interests
Article 24 - Evidentiary value of certificates
Article 25 - Discharge of registration
Article 26 - Access to the international registration facilities
Chapter VI - Privileges and immunities of the Supervisory Authority and the Registrar
Article 27 - Legal personality; immunity
Chapter VII - Liability of the Registrar
Article 28 - Liability and financial assurances
Chapter VIII - Effects of an international interest as against third parties
Article 29 - Priority of competing interests
Article 30 - Effects of insolvency
Chapter IX - Assignments of associated rights and international interests; rights of subrogation
Article 31 - Effects of assignment
Article 32 - Formal requirements of assignment
Article 33 - Debtor's duty to assignee
Article 34 - Default remedies in respect of assignment by way of security
Article 35 - Priority of competing assignments
Article 36 - Assignee's priority with respect to associated rights
Article 37 - Effects of assignor's insolvency
Article 38 - Subrogation
Chapter X - Rights or interests subject to declarations by Contracting States
Article 39 - Rights having priority without registration
Article 40 - Registrable non-consensual rights or interests
Chapter XI - Application of the Convention to sales
Article 41 - Sale and prospective sale
Chapter XII - Jurisdiction
Article 42 - Choice of forum
Article 43 - Jurisdiction under Article 13(1)
Article 44 - Jurisdiction to make orders against the Registrar
Article 45 - Jurisdiction in respect of insolvency proceedings
Chapter XIII - Relationship with other Conventions
Article 45 bis - Relationship with the United Nations Convention on Assignment of Receivables in International Trade
Article 46 - Relationship with the UNIDROIT Convention on International Financial Leasing
Chapter XIV - Final provisions
Article 47 - Signature, ratification, acceptance, approval or accession
Article 48 - Regional Economic Integration Organisations
Article 49 - Entry into force
Article 50 - Internal transactions
Article 51 - Future Protocols
Article 52 - Territorial units
Article 53 - Determination of courts
Article 54 - Declarations regarding remedies
Article 55 - Declarations regarding relief pending final determination
Article 56 - Reservations and declarations
Article 57 - Subsequent declarations
Article 58 - Withdrawal of declarations
Article 59 - Denunciations
Article 60 - Transitional provisions
Article 61 - Review Conferences, amendments and related matters
Article 62 - Depositary and its functions
[Post Provisions]
[Post Clauses (If any: Signed; Witnessed; Done; Authentic Texts; & Deposited Clauses)]
Metadata
SiSU Metadata, document information
Manifest
SiSU Manifest, alternative outputs etc.
Convention on International Interests in Mobile Equipment, UNIDROIT 2001
UNIDROIT
copy @ Lex Mercatoria
Chapter I - Sphere of application and general provisions
1. This Convention provides for the constitution and effects of an international interest in certain categories of mobile equipment and associated rights.
2. For the purposes of this Convention, an international interest in mobile equipment is an interest, constituted under Article 7, in a uniquely identifiable object of a category of such objects listed in paragraph
3 and designated in the Protocol:
(a) granted by the chargor under a security agreement;
(b) vested in a person who is the conditional seller under a title reservation agreement; or
(c) vested in a person who is the lessor under a leasing agreement.
An interest falling within sub-paragraph (a) does not also fall within sub-paragraph (b) or (c).
3. The categories referred to in the preceding paragraphs are:
(a) airframes, aircraft engines and helicopters;
(b) railway rolling stock; and
(c) space assets.
4. The applicable law determines whether an interest to which paragraph 2 applies falls within sub-paragraph (a), (b) or (c) of that paragraph.
5. An international interest in an object extends to proceeds of that object.
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