Cap. 503 ст. 14Register closed save unsatisfied mortgages and security interests.
PART II
In the case of cancellation of the registration of an aircraft in terms of the provisions of article 13, the aircraft shall cease to be registered and the register of the aircraft shall be considered as closed except in so far as relates to any unsatisfied mortgages and other holders of any security interest, including the holder of any international interest or any authorised persons or Certified Designees under any irrevocable de-registration and export request author Provided that the Director General may, without prejudice to rights of the mortgagee or the rights of the holder of any international interest or any authorised persons or Certified Designees under any irrevocable de-registration and export request authorisation, communicate independently with the mortgagee or holder of any security interest or the holder of any international interest including any authorised persons or Certified Designees under any irrevocable de-registration and export request authorisation, to take all action as is necessary, including extending the validity of the registration beyond the stated deadline, for the orderly closure of the registry and enforcement of the mortgage or other security interest or international interest including enforcement of any irrevocable de-registration and export request authorisation as well as to ensure the safe operation of the aircraft.isation: Provided that the Director General may, without prejudice to rights of the mortgagee, communicate independently with the mortgagee or holder of any security interest to take all action as is necessary, including extending the validity of the registration beyond the stated deadline, for the orderly closure of the registry and enforcement of the mortgage or other security interest as well as to ensure the safe operation of the aircraft.
История изменений
- Amended by XXXVII.2021.13