Cap. 503 Art. 37ACorrection of a mortgage.
PART IV
(1)A correction of an erroneous indication or omission in a registered mortgage, including an amendment mortgage, of any one or more of the particulars specified in sub-article (2) may be effected by the Director General by means of a corrective or additional entry in the Malta Aircraft Register, on the production of the following documents:
(a) a declaration signed by the mortgagee referring to the said mortgage and indicating the correction to be made; and
(b) such other evidence as the Director General may require.
(2) The correction of an erroneous indication or addition of an omission as referred to in sub-article (1) may be effected with reference to the following particulars:
(a) details of the aircraft or aircraft engine;
(b) the date of any agreement or document referred to in the said mortgage;
(c) the name and, or address of any person or organisation referred to in the said mortgage; or
(d) any other typographical error in the said mortgage.
(3) The correction of any of the above particulars in a registered mortgage or the addition of any omission shall not affect the validity or priority of the mortgage, or any of the rights or powers of the mortgagee.
Änderungsgeschichte
- Amended by XXXVII.2021.27