Consultation outcome

Call for evidence - convention on international interests in mobile equipment and protocol thereto on matters specific to aircraft equipment

This consultation was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

This consultation has concluded

Download the full outcome

Detail of outcome

The government has carefully considered the views of the respondents to the call for evidence and has decided to proceed with ratification of the ‘Convention on International Interests in Mobile Equipment and the Protocol thereto on Matters Specific to Aircraft Equipment’. The next steps will be a consultation on the various options for implementing the treaty.

Feedback received

Call for evidence: full list of responses - convention on international interests in mobile equipment and protocol thereto on matters specific to aircraft equipment

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (eg a screen reader) and need a version of this document in a more accessible format, please email enquiries@bis.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Detail of feedback received

The majority of respondents to the call for evidence were in favour of the UK ratifying the Convention on International Interests in Mobile Equipment (the ‘Convention’) and the Protocol thereto on Matters Specific to Aircraft Equipment (the ‘Protocol’) as it relates to aircraft equipment (‘the treaty’).

Original consultation

This consultation ran from to

Summary

Call for evidence on whether the UK should move towards ratification of the convention on international interests in mobile equipment.

Documents

Call for evidence: convention on international interests in mobile equipment and protocol thereto on matters specific to aircraft equipment

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (eg a screen reader) and need a version of this document in a more accessible format, please email enquiries@bis.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Consultation description

The Convention and Protocol are 2 separate but complementary instruments which aim to support asset based financing by giving greater certainty, clarity and confidence to financiers of mobile equipment as to the efficacy of their legal rights, resulting in increased flows of capital at lower costs to the borrower, and business opportunities for equipment suppliers. Following recent accession by the EU to the Convention and Protocol we are now seeking evidence on whether the UK should move towards ratification.