The International Interests in Aircraft Equipment (Cape Town Convention) Regulations 2015

Priority of competing assignmentsU.K.

This section has no associated Explanatory Memorandum

31.—(1) Where there are competing assignments of associated rights, and—

(a)at least one of the assignments includes the related international interest, and

(b)the assignment of the international interest is registered,

the provisions of regulation 16 apply as if—

(a)references to a registered or unregistered interest were references to a registered or unregistered assignment, and

(b)references to a registered interest were references to a prospective assignment of the associated rights.

(2) Regulation 36 applies to an assignment of associated rights as if the references to an international interest were references to an assignment of the associated rights and the related international interest.