# The Mortgaging of Aircraft Order 1972, Paragraph 8


The mortgagor or the owner shall be in default if—
(a) the mortgagee has required the discharge or performance of the debt or obligation to which the aircraft mortgage relates and the mortgagor fails to meet that requirement, or
(b) the mortgagor or the owner has failed to comply with any other condition of the aircraft mortgage, or
(c) the mortgagor or the owner has committed an act of bankruptcy.

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Source: https://www.legislation.gov.uk/uksi/1972/1268/schedule/2/paragraph/8 (the official version)
Page: https://openlegislation.uk/mortgaging-of-aircraft-order-1972/schedule-2/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.