Paragraph 7

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch. 2 para. 9(a) words inserted by International Interests in Aircraft Equipment (Cape Town Convention) 2015 Sch. 5 para. 1(6)(a)
Sch. 2 para. 9(b) words added by International Interests in Aircraft Equipment (Cape Town Convention) 2015 Sch. 5 para. 1(6)(b)
Sch. 2 para. 9(c) words inserted by International Interests in Aircraft Equipment (Cape Town Convention) 2015 Sch. 5 para. 1(6)(c)
Sch. 2 para. 10(a)(aa) substituted for Sch. 2 para. 10(a) by International Interests in Aircraft Equipment (Cape Town Convention) 2015 Sch. 5 para. 1(6)(d)
Sch. 2 para. 10(b) word substituted by International Interests in Aircraft Equipment (Cape Town Convention) 2015 Sch. 5 para. 1(6)(e)
Sch. 2 para. 10(c) word substituted by International Interests in Aircraft Equipment (Cape Town Convention) 2015 Sch. 5 para. 1(6)(f)
Sch. 2 para. 10(d) word substituted by International Interests in Aircraft Equipment (Cape Town Convention) 2015 Sch. 5 para. 1(6)(g)
Sch. 2 para. 10(e) word substituted by International Interests in Aircraft Equipment (Cape Town Convention) 2015 Sch. 5 para. 1(6)(h)
Sch. 2 para. 11(1) words inserted by International Interests in Aircraft Equipment (Cape Town Convention) 2015 Sch. 5 para. 1(6)(i)
Sch. 2 para. 11(4) words substituted by International Interests in Aircraft Equipment (Cape Town Convention) 2015 Sch. 5 para. 1(6)(j)
Sch. 2 para. 12 words inserted by International Interests in Aircraft Equipment (Cape Town Convention) 2015 Sch. 5 para. 1(6)(k)

Where the mortgagor, or the owner, is in default within the meaning of paragraph 8 of this Schedule, the mortgagee may exercise such of the rights conferred upon him by the following provisions of this Schedule as he may consider appropriate, and any such right shall be in addition to, and not in derogation from, any other remedy arising from the aircraft mortgage or any other agreement between the parties.