Document ID: chunk:federal_register_of_legislation:C2024C00427:section:27a:p2
Version: federal_register_of_legislation:C2024C00427
Segment Type: section
Provision Reference: s 27A (pt 2/3)
Character Range: 56539–59296

or other encumbrance over the aircraft or component; or
 (ii) any other interest in, or any power over or in relation to, the aircraft or component (however the interest or power is created) for the purpose of securing repayment of a debt (including payment of interest on a debt) or the performance of any other obligation; and
 (iii) any other interest in the aircraft or component that is of a kind declared by the regulations to be a security interest; and
 (b) includes:
 (i) if the aircraft or component is the subject of a hire‑purchase agreement—the interest of the bailee under the agreement; and
 (ii) if the aircraft or component is the subject of an instalment purchase agreement—the interest of the purchaser under the agreement.
 (4) The regulations may make provision for or in relation to the following:
 (a) the establishment or keeping of a register containing particulars of security interests in relation to aircraft and components of aircraft;
 (b) the appointment of a person (the registrar) to keep the register;
 (c) requiring the owner of an aircraft or of a component of an aircraft to notify the registrar of particulars of any security interest, a change in any particulars entered in the register in relation to a security interest, or the termination of a security interest, in relation to the aircraft or component;
 (d) the period within which, and the manner and form in which, a notification is to be given, including any documents to be lodged with, and any information to be given to, the registrar in connection with a notification;
 (e) the manner in which any such document or information is to be verified (which may include verification by means of a statutory declaration);
 (f) the registration of particulars of a security interest duly notified, the amendment of registered particulars of a security interest and the cancellation of the registration of particulars of a security interest;
 (g) the publishing by the registrar of information about the registration of particulars of a security interest, the amendment of registered particulars of a security interest or the cancellation of the registration of particulars of a security interest;
 (h) the giving by the registrar of a certificate in relation to the registration of particulars of a security interest and the amendment or cancellation of such a certificate;
 (i) the return by the registrar of documents to the person by whom they were lodged;
 (j) the return of certificates to the registrar for amendment or cancellation;
 (k) the giving by the registrar of copies of, or extracts from, entries on the register;
 (l) the prescribing of fees for:
 (i) the registration of particulars of a security interest, the amendment of registered particulars