Moneys received by a mortgagee from the sale of the...
- Apply aircraft sale proceeds in statutory priority order Any Person
UK Statutory Instrument
1972
United Kingdom
The Mortgaging of Aircraft Order 1972
At a glance
What's here
2 compliance obligations
Who this Act binds
Business-side actors with duties under this Act, ranked by how often they appear.
- Any Person 2
Other Acts binding the same actors
For each actor bound by this Act, the other UK Acts that bind them most often. Useful for understanding the full compliance landscape facing each role.
Any Person also bound by 2337 other Acts (top 5 shown)
- Human Medicines Regulations 2012 2012 169 duties
- Merchant Shipping Act 1995 1995 144 duties
- Insolvency (England and Wales) Rules 2016 2016 101 duties
- Road Traffic Act 1988 1988 95 duties
- Air Navigation Order 2016 2016 95 duties
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Schedules
Where default as aforesaid has occurred the mortgagee may sell...
- Notify all parties and obtain consent before selling a mortgaged aircraft Any Person
Browse 11 other Schedules — structural / supplementary
(a) In this Schedule— “act of bankruptcy” has the meaning...
(1) Where default as aforesaid has occurred the mortgagee may...
The Court of Session shall have jurisdiction to grant an...
The provisions of section 16 of the Administration of Justice...
A security created in Scotland under Article 3 of this...
A mortgage registered under this Order shall have effect without...
A mortgage so registered may be transferred, in whole or...
An aircraft mortgage may be discharged, in whole or in...
The provisions of paragraphs 7 to 11 of this Schedule,...
Where the mortgagor, or the owner, is in default within...
The mortgagor or the owner shall be in default if—...
Browse 19 other sections — procedural / definitional / commencement
This Order may be cited as the Mortgaging of Aircraft...
(1) The Interpretation Act 1889 applies for the interpretation of...
An aircraft registered in the United Kingdom nationality register or...
(1) Any mortgage of an aircraft registered in the United...
(1) A notice of intention to make an application to...
(1) Where two or more aircraft are the subject of...
(1) When an application to enter a mortgage or priority...
(1) Any change in the person appearing in the Register...
(1) Where a registered mortgage is discharged the mortgagor shall...
Any of the following courts, that is to say the...
(1) On such days and during such hours as the...
The removal of an aircraft from the United Kingdom nationality...
All persons shall at all times be taken to have...
(1) Subject to the following provisions of this article, a...
A registered mortgage of an aircraft shall not be affected...
(1) The provisions of the Bills of Sale Acts 1878...
(1) If, in furnishing any information for the purpose of...
(1) Subject to paragraph (2) of this article, any person...
The provisions of Schedule 2 to this Order shall have...
Explore more
Browse legislation
Find other UK business legislation with related guidance.