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7.—(1) Subject to articles 5(2) and (4) and 8(1), if at any time after an aircraft has been registered in the United Kingdom an unqualified person becomes entitled to a legal or beneficial interest by way of ownership in the aircraft or a share in the aircraft, the registration of the aircraft becomes void and the certificate of registration must be returned immediately by the registered owner to the CAA.
(2) Any person who is the registered owner of an aircraft registered in the United Kingdom must immediately inform the CAA in writing of—
(a)any change in the information supplied to the CAA when applying for the registration of the aircraft;
(b)the destruction of the aircraft, or its permanent withdrawal from use; or
(c)in the case of an aircraft registered under article 5(4), the termination of the charter by demise.
(3) Any person who becomes the owner of an aircraft registered in the United Kingdom must within 28 days of becoming the owner inform the CAA in writing to that effect.
(4) Subject to article 8(2) the CAA may, whenever it appears necessary or appropriate in order to give effect to this Part or to bring up to date or otherwise correct the register, amend the register or cancel the registration of an aircraft.
(5) The CAA must cancel the registration of an aircraft within two months of being satisfied that there has been a change in the ownership of the aircraft.
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