Cape Town Convention—purpose of the convention and registering international interests
Produced in partnership with Norton Rose Fulbright
Cape Town Convention—purpose of the convention and registering international interests

The following Banking & Finance guidance note Produced in partnership with Norton Rose Fulbright provides comprehensive and up to date legal information covering:

  • Cape Town Convention—purpose of the convention and registering international interests
  • Primary purpose of the Cape Town Convention
  • Types of interests which can be registered under the Cape Town Convention
  • Registering assignments of international interests
  • Formal requirements for registration

BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be treated by the EU as a Member State for many purposes. As a third country, the UK can no longer participate in the EU’s political institutions, agencies, offices, bodies and governance structures (except to the limited extent agreed), but the UK must continue to adhere to its obligations under EU law (including EU treaties, legislation, principles and international agreements) and submit to the continuing jurisdiction of the Court of Justice of the European Union in accordance with the transitional arrangements in Part 4 of the Withdrawal Agreement. For further reading, see: Brexit—introduction to the Withdrawal Agreement. This will have an impact on the information in this Practice Note about the Cape Town Convention. For details, see Practice Note: Brexit—impact on finance transactions—Key issues for aviation finance.

The Cape Town Convention establishes a uniform set of rules guiding the constitution, protection, prioritisation and enforcement of certain rights in aircraft and aircraft engines.

Central to the purpose of the Cape Town Convention is the creation of the International Registry for aircraft objects where certain categories of interest may be recorded, including a security interest in an aircraft.

See also Cape Town Convention—priority of international interests and remedies.