The Mortgaging of Aircraft (Amendment) Order 1981

• Citation: S.I. 1981/611
• Sections: 2

Section 1

This Order may be cited as the Mortgaging of Aircraft (Amendment) Order 1981 and shall come into operation on 1st May 1981.

Section 2

(1) For Article 9 of the Mortgaging of Aircraft Order 1972 there shall be substituted the following:—

(9) On receipt of the form set out in Part IV of Schedule 1 hereto duly completed and signed by or on behalf of the mortgagee and of a copy of the document of discharge or receipt for the mortgage money, or of any other document which shows, to the satisfaction of the Authority, that the mortgage has been discharged and on payment of the appropriate charge, the Authority shall enter the said form in the Register and mark the relevant entries in the Register ‘Discharged’ and shall notify the mortgagee, mortgagor and the owner that it has done so.

(2) For Part IV of Schedule 1 to the Order there shall be substituted the following:—

REGISTER OF AIRCRAFT MORTGAGES

Discharge of registered mortgage