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Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment

[Preamble]

Chapter I - Sphere of application and general provisions

Article I - Defined terms

Article II - Application of Convention as regards aircraft objects

Article III - Application of Convention to sales

Article IV - Sphere of application

Article V - Formalities, effects and registration of contracts of sale

Article VI - Representative capacities

Article VII - Description of aircraft objects

Article VIII - Choice of law

Chapter II - Default remedies, priorities and assignments

Article IX - Modification of default remedies provisions

Article X - Modification of provisions regarding relief pending final determination

Article XI - Remedies on insolvency

Article XII - Insolvency assistance

Article XIII - De-registration and export request authorisation

Article XIV - Modification of priority provisions

Article XV - Modification of assignment provisions

Article XVI - Debtor provisions

Chapter III - Registry provisions relating to international interests in aircraft objects

Article XVII - The Supervisory Authority and the Registrar

Article XVIII - First regulations

Article XIX - Designated entry points

Article XX - Additional modifications to Registry provisions

Chapter IV - Jurisdiction

Article XXI - Modification of jurisdiction provisions

Article XXII - Waivers of sovereign immunity

Chapter V - Relationship with other conventions

Article XXIII - Relationship with the Convention on the International Recognition of Rights in Aircraft

Article XXIV - Relationship with the Convention for the Unification of Certain Rules Relating to the Precautionary Attachment of Aircraft

Article XXV - Relationship with the UNIDROIT Convention on International Financial Leasing

Chapter VI - Final provisions

Article XXVI - Signature, ratification, acceptance, approval or accession

Article XXVII - Regional Economic Integration Organisations

Article XXVIII - Entry into force

Article XXIX - Territorial units

Article XXX - Declarations relating to certain provisions

Article XXXI - Declarations under the Convention

Article XXXII - Reservations and declarations

Article XXXIII - Subsequent declarations

Article XXXIV - Withdrawal of declarations

Article XXXV - Denunciations

Article XXXVI - Review Conferences, amendments and related matters

Article XXXVII - Depositary and its functions

[Post Provisions]

[Post Clauses (If any: Signed; Witnessed; Done; Authentic Texts; & Deposited Clauses)]

Annex - Form of Irrevocable De-Registration and Export Request Authorisation

Endnotes

Endnotes

Metadata

SiSU Metadata, document information

Manifest

SiSU Manifest, alternative outputs etc.

Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment, UNIDROIT 2001

UNIDROIT

copy @ Lex Mercatoria

Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment

Chapter III - Registry provisions relating to international interests in aircraft objects

Article XX - Additional modifications to Registry provisions

1. For the purposes of Article 19(6) of the Convention, the search criterion for an aircraft object shall be the name of its manufacturer, its manufacturer's serial number and its model designation, supplemented as necessary to ensure uniqueness. Such supplementary information shall be specified in the regulations.

2. For the purposes of Article 25(2) of the Convention and in the circumstances there described, the holder of a registered prospective international interest or a registered prospective assignment of an international interest shall take such steps as are within its power to procure the discharge of the registration no later than five working days after the receipt of the demand described in such paragraph.

3. The fees referred to in Article 17(2)(h) of the Convention shall be determined so as to recover the reasonable costs of establishing, operating and regulating the International Registry and the reasonable costs of the Supervisory Authority associated with the performance of the functions, exercise of the powers, and discharge of the duties contemplated by Article 17(2) of the Convention.

4. The centralised functions of the International Registry shall be operated and administered by the Registrar on a twenty-four hour basis. The various entry points shall be operated at least during working hours in their respective territories.

5. The amount of the insurance or financial guarantee referred to in Article 28(2) of the Convention shall, in respect of each event, not be less than the maximum value of an aircraft object as determined by the Supervisory Authority.

6. Nothing in the Convention shall preclude the Registrar from procuring insurance or a financial guarantee covering events for which the Registrar is not liable under Article 28 of the Convention.


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