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Home News & Events AVIATION LAW NEWS: Malta's new Aircraft Registration Act

AVIATION LAW NEWS: Malta's new Aircraft Registration Act

Sunday, 07 November 2010 13:50

As from October 1st, 2010 Malta has a new law on aircraft registration having acceded to the Cape Town Convention and the Aircraft Protocol following their adoption by the EU.

The Aircraft Registration Act provides a comprehensive legal and fiscal framework for those owners and lessors who intend to register their commercial and private aircrafts, including a National Aircraft Register, allowing for certain initiatives like for example, the possibility to register an aircraft when still under construction.

The new law caters for fractional ownership, aircraft leasing and aircraft finance with their respective legal complex considerations relative to mortgages and privileges.