The aim of the Aircraft Registration Act is to create a single legal framework for the registration of aircraft and mortgages and the enforcement of security whilst also transposing the provisions of the ‘Cape Town Convention on International Interests in Mobile Equipment’ and the ‘Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment’.
The Act came into force on the 1st October 2010.
By implementing the Cape Town Convention, the Act grants added protection to security interest holders in aircraft in the event of default.
The Authority responsible is Transport Malta that has in turn delegated its powers and functions to the Director General of Civil Aviation.
The National Aircraft Register
The Act provides for a unified National Aircraft Register in an electronic form in which the following information is recorded:
- the physical details of the aircraft ;
- the physical details of the engines attached to the aircraft and any replacement engines owned by the registrant;
- the name and address of the registrant and in what capacity he has registered the aircraft;
- the details of any mortgages registered and all transactions relative thereto;
- the details of any irrevocable de-registration and export request authorisation, or any other power of attorney (irrevocable or otherwise and whether in a separate document or as part of an agreement between the parties) granted to an owner or to a lessor of an aircraft or granted by way of security to the mortgagee, or to a third party for the benefit of any such person, granting powers relating to the exercise of rights relating to the aircraft, or to the closure of the register on behalf of the registrant .
The aim of the Act is to facilitate searches.
No separate engine register has been created.
Read Full Document