In forceAs enacted

Contents

Air Navigation (Mortgaging of Aircraft) Order, 2001

1This Order may be cited as the Air Navigation (Mortgaging of Aircraft) Order, 2001. Interpretation.
2In this Order, unless the context otherwise requires -
3An aircraft registered in the aircraft register, or such an aircraft together with any store of spare parts for that aircraft, may be made...
4(1)
5
6
7
8j 1)
9On receipt of the form set out in the Fourth Schedule duly completed and signed by or on behalf of the mortgagee and of a copy of the docum...
10The High Court may order such amendment to be made to the Register as it may consider necessary or expedient for correcting any error there...
11jl) Any person may, on application to the Director and on payment of the prescribed fee, inspect any entry in the Register specified in the...
12The removal of an aircraft from the aircraft register shall not affect the rights of any mortgagee under any registered mortgage, and entri...
13All persons shall at all times be taken to have express notice of all facts appearing in the Register, but the registration of a mortgage s...
14[1)
15
16
17
1Date of mortgage.
2Description of mortgaged aircraft (including type, nationality, registration marks and aircraft serial number) and of any store of spare pa...
3The sum secured by the mortgage. Where the sum secured is of a fluctuating amount, this should be stated and the upper and lower limits {if...
4Does mortgage require the mortgagee to make further advances: If so, of what amount?
5N arne and address of mortgagor.
6Register number of priority notice (if any). Signed (Name in block capitals} on behalf of....................................................
1Description of aircraft which is the subject of the contemplated mortgage
2The sum to be secured by the contemplated mortgage. Where the sum to be secured is of a fluctuating amount, this should be stated and the u...
3Is it contemplated that mortgage will require the mortgagee to make further advances? If so, of what amount?
4Name and address of prospective mortgagor. Signed (Name in block capitals) on behalf of......................................................

Section 3

An aircraft registered in the aircraft register, or such an aircraft together with any store of spare parts for that aircraft, may be made security for a loan or other valuable consideration.

1470

Registration of mortgages.

Report

Read on from s 4