International interests in mobile equipment convention: aircraft
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Detail of outcome
We바카라 사이트™ve published draft regulations and guidance for business, setting out how we바카라 사이트™ll implement the .
Our runs until 15 March 2015. We want to know your views on the practical effect of the draft regulations, and if they implement the provisions of the treaty. We바카라 사이트™d also like to know your views on the content of the draft guidance.
Original consultation
Consultation description
We want to know stakeholders views on how the UK should implement the 바카라 사이트˜Convention on International Interests in Mobile Equipment바카라 사이트™, and the 바카라 사이트˜Protocol on Matters Specific to Aircraft Equipment바카라 사이트™ to achieve the greatest economic benefit for the UK.
The 바카라 사이트˜Cape Town Convention on International Interests in Mobile Equipment바카라 사이트™, or 바카라 사이트˜Cape Town Treaty바카라 사이트™ is an international treaty that aims to help asset-based aircraft finance transactions by creating an international harmonised system to administer the registration of international interests (like mortgages and leases) in helicopters, aircraft frames and aircraft engines over a certain size. It also provides a process for how disputes under the treaty are managed.
This consultation is relevant to:
- airlines
- helicopter, airframe and aircraft engine manufacturers
- banks and financiers involved in aircraft finance
- aircraft leasing companies
- insolvency practitioners
- legal firms involved in aircraft finance transactions