Consultation outcome

International interests in mobile equipment convention: aircraft

From:
Department for Business, Innovation & Skills and 皇冠体育app Insolvency Service
Published
16 June 2014
Last updated
5 March 2015 鈥� See all updates
This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
This consultation has concluded

Read the full outcome

Ref: BIS/15/123

PDF, 379 KB, 32 pages

Ref: BIS/15/124

PDF, 501 KB, 45 pages

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Ref: BIS/15/125

PDF, 2.12 MB, 75 pages

Ref: BIS/15/53

PDF, 207 KB, 14 pages

Detail of outcome

We鈥檝e published draft regulations and guidance for business, setting out how we鈥檒l implement the .

Our runs until 15 March 2015. We want to know your views on the practical effect of the draft regulations, and if they implement the provisions of the treaty. We鈥檇 also like to know your views on the content of the draft guidance.

Original consultation

Summary

We鈥檙e asking for views on how the UK should implement the 'Convention on International Interests in Mobile Equipment' and aircraft protocol.

This consultation ran from
to

Consultation description

We want to know stakeholders views on how the UK should implement the 鈥楥onvention on International Interests in Mobile Equipment鈥�, and the 鈥楶rotocol on Matters Specific to Aircraft Equipment鈥� to achieve the greatest economic benefit for the UK.

皇冠体育app 鈥楥ape Town Convention on International Interests in Mobile Equipment鈥�, or 鈥楥ape Town Treaty鈥� is an international treaty that aims to help asset-based aircraft finance transactions by creating an international harmonised system to administer the registration of international interests (like mortgages and leases) in helicopters, aircraft frames and aircraft engines over a certain size. It also provides a process for how disputes under the treaty are managed.

This consultation is relevant to:

  • airlines
  • helicopter, airframe and aircraft engine manufacturers
  • banks and financiers involved in aircraft finance
  • aircraft leasing companies
  • insolvency practitioners
  • legal firms involved in aircraft finance transactions

Documents

Ref: BIS/14/452

PDF, 200 KB, 43 pages

Ref: BIS/14/560

PDF, 266 KB, 38 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email [email protected]. Please tell us what format you need. It will help us if you say what assistive technology you use.

Updates to this page

Published 16 June 2014
Last updated 5 March 2015 show all updates

  1. Added government response, final impact assessment, draft regulations and draft guidance for business on implementing the regulations.

  2. First published.

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