1169. International registration of interests.

The interest held by a creditor1 to which the Cape Town Convention2 applies ('international interest')3 is recognised in relation to aircraft objects4 and has effect where the conditions of the Cape Town Convention and the Aircraft Protocol are satisfied (with no requirement to determine whether a proprietary right has been validly created or transferred pursuant to the common law lex situs rule)5. Such interests are registerable with the International Registry6. A registered interest7 has priority over any other interest subsequently registered and over an unregistered interest8. A possessory lien in respect of work done on the aircraft object (whether