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Cap. 503 · cap/503 (Cap. 503)

Cap. 503 ст. 35Assignment of part of a debt or other obligation.

PART IV

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(1) It shall be lawful for the assignee of part of a debt or other obligation secured by a registered mortgage of an aircraft or share to demand that the assignment be entered in the register of the particular aircraft for the part so assigned and the Director General shall, upon the production to him of the relative instrument of transfer together with the mortgage to which it relates, forthwith proceed to record such partial assignment by entering in the register the name of the assignee as co-mortgagee of the aircraft or share, and shall by memorandum under his hand notify on the mortgage or security interest that such assignment has been recorded by him, stating the day and hour of the record.

(2) The provisions of article 34(2) shall be applicable mutatis to the assignments contemplated in sub-article (1). mutandis