Following a long history in accomplishing the signing and the
ratification process, on December 1, 2011 the Convention on
International Interests in Mobile Equipment
("Convention") and the Protocol to the Convention on
International Interests in Mobile Equipment on Matters specific to
Aircraft Equipment ("Protocol") ("CTC") came
into force in Turkey.
The CTC and the qualifying declarations made by Turkey already
have the force of law and prevail any conflicting legislation in
Turkey on the matters falling under the scope of CTC, without a
need for any further act or implementing additional
legislations.
Turkey spent extensive efforts to harmonize and standardize its
local laws in order to honor its compliance obligation under the
CTC and expedite their full implementation in Turkey. Consequently,
number of amendments have been made in the Turkish legislation to
achieve such purpose. One of the said legislations made was the
introduction of a Directive on the
