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.
Historique des modifications
- Amended by XXXVII.2021.27