Clifford Chance
Australia accedes to Cape Town Convention and Aircraft Protocol
29 May 2015
On Tuesday 26 May 2015, Australia deposited its instruments of accession to the Cape Town Convention and Aircraft Protocol with the official treaty depositary, Unidroit. The Convention and the Aircraft Protocol establish an "International Registry" for the priority registration of certain creditor interests (known as "international interests") in aircraft objects (qualifying airframes, engines and helicopters) and offer a harmonised set of rights and remedies for holders of international interests against debtors on a default, including insolvency.
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