The International Interests in Aircraft Equipment (Cape Town Convention) Regulations 2015

  1. Introductory Text

  2. PART 1 INTRODUCTORY

    1. 1.Citation

    2. 2.Commencement

    3. 3.Extent

    4. 4.The Cape Town Convention and Aircraft Protocol

    5. 5.Interpretation

  3. PART 2 THE INTERNATIONAL INTEREST

    1. Recognition and application

      1. 6.International interest to have effect in the law of the United Kingdom

      2. 7.Description of aircraft objects

      3. 8.Helicopters and airframes

      4. 9.Exclusions and modifications by agreement

    2. Registry, Registrar and Supervisory Authority

      1. 10.The Registry

      2. 11.The Registrar

      3. 12.Supervisory Authority

      4. 13.Enforcement of orders against the Registrar

    3. Registration procedure and duration

      1. 14.Registration procedure

      2. 15.Duration of registration

  4. PART 3 EFFECT OF INTERNATIONAL INTEREST

    1. Priority of interests

      1. 16.Priority of competing interests

      2. 17.Overriding non-consensual rights and interests

    2. Remedies in case of default

      1. 18.Meaning of “default”

      2. 19.Remedies of chargee

      3. 20.Vesting of aircraft objects in satisfaction; and redemption

      4. 21.Remedies of conditional seller or lessor

      5. 22.De-registration and transfer of aircraft

      6. 23.Additional remedies

      7. 24.Requirement of commercial reasonableness

      8. 25.Relief pending final determination

    3. Position where no default

      1. 26.Debtor's rights

    4. Assignment

      1. 27.Effect of assignment

      2. 28.Formal requirements of assignment

      3. 29.Debtor's duty to assignee

      4. 30.Default remedies in respect of assignment by way of security

      5. 31.Priority of competing assignments

      6. 32.Assignee's priority with respect to associated rights

      7. 33.Effect of assignor's insolvency

      8. 34.Subrogation

      9. 35.Application to Scotland

    5. Insolvency

      1. 36.Effects of insolvency

      2. 37.Remedies on insolvency

  5. PART 4 APPLICATION TO SALES

    1. 38.Application of Regulations to sales and prospective sales

    2. 39.Formalities

    3. 40.Effect of sale

    4. 41.Duration of registration (sales and prospective sales)

  6. PART 5 PROCEDURE

    1. Jurisdiction

      1. 42.Choice of forum

      2. 43.Grant of relief

      3. 44.Courts with UK jurisdiction

      4. 45.Exclusion of insolvency proceedings

      5. 46.Waiver of sovereign immunity

      6. 47.Interpretation: “the court”

    2. Rules of court

      1. 48.Effect of Rules of court

  7. PART 6 GENERAL

    1. 49.Representative capacities

    2. 50.Consequential amendments

    3. 51.Transitional provision

    4. 52.Review

  8. Signature

    1. SCHEDULE 1

      TEXT OF CAPE TOWN CONVENTION

    2. SCHEDULE 2

      TEXT OF PROTOCOL ON AIRCRAFT EQUIPMENT

    3. SCHEDULE 3

      THE INTERNATIONAL REGISTRY AND REGISTRAR

      1. 1.Introductory

      2. 2.Status

      3. 3.Inviolability

      4. 4.Claims against Registrar

    4. SCHEDULE 4

      THE SUPERVISORY AUTHORITY

      1. 1.Introductory

      2. 2.Recognition

      3. 3.Status

      4. 4.The Supervisory Authority has the legal capacities of a body...

    5. SCHEDULE 5

      CONSEQUENTIAL AMENDMENTS

      1. PART 1 STATUTORY INSTRUMENTS

        1. 1.Mortgaging of Aircraft Order 1972

        2. 2.Civil Aviation (Chargeable Air Services) (Detention and Sale of Aircraft) Regulations 2001

        3. 3.Civil Aviation (Chargeable Air Services) (Detention and Sale of Aircraft for Eurocontrol) Regulations 2001

        4. 4.Air Navigation Order 2009

        5. 5.Greenhouse Gas Emissions Trading Scheme Regulations 2012/3038

      2. PART 2 ACTS

        1. 6.Bills of Sale Act 1878

        2. 7.Bills of Sale Act (1878) Amendment Act 1882

        3. 8.Civil Aviation Act 1982

        4. 9.Companies Act 2006

  10. Explanatory Note