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ARTICLE · 09 APRIL 2013

Fully Secured @ Gowlings - Volume 4 - Number 1

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On December 12, 2012, the federal government of Canada passed legislation that, in conjunction with various provincial laws, ratified its signature to the Convention on International Interests in Mobile Equipment (the "Convention") and the Protocol to the Convention on International Interests in Mobile Equipment on Matters specific to Aircraft Equipment (the "Protocol" collectively with the Convention the "Cape Town Convention") which occurred on March 31, 2004.

CanadaCorporate/Commercial Law
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Edited by Richard Dusome.

Ratification of Cape Town Convention by the Government of Canada: Its Effects on Aircraft Financing and Sale in the Majority of the Provinces and Territories in Canada

By: David Kierans, Marie-France Béland and Scott Loong (Montréal)
    

On December 12, 2012, the federal government of Canada passed legislation that, in conjunction with various provincial laws, ratified its signature to the Convention on International Interests in Mobile Equipment (the "Convention") and the Protocol to the Convention on International Interests in Mobile Equipment on Matters specific to Aircraft Equipment (the "Protocol" collectively with the Convention the "Cape Town Convention") which occurred on March 31, 2004. This ratification is subject to the declarations lodged by the Canadian government (the "Canada Declarations") amending and supplementing sections 39, 52, 53, 54 and 60 of the Convention and articles VIII, X, X(6) XII and XIII of the

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