Cap. 503 Art. 41AExtension of rights under Maltese law.

When the proper law of a conditional sale or a lease agreement is Maltese law and a security interest in relation thereto is registered in accordance with the First Schedule, for the purposes of Maltese law, the owner and, or the lessor shall enjoy the status and powers in relation to the relevant aircraft as is envisaged in terms of article 41(3) to (6) without prejudice to its rights under the First Schedule