Convention on International Interests in Mobile Equipment Act, 2007 (Act No. 4 of 2007SchedulesSchedule 1 : ConventionChapter IV : The International Registration SystemArticle 16 - The International Registry |
| (1) | An International Registry shall be established for registrations of— |
| (a) | international interests, prospective international interests and registrable non-consensual rights and interests; |
| (b) | assignments and prospective assignments of international interests; |
| (c) | acquisitions of international interests by legal or contractual subrogations under the applicable law; |
| (d) | notices of national interests; and |
| (e) | subordinations of interests referred to in any of the preceding subparagraphs. |
| (2) | Different international registries may be established for different categories of object and associated rights. |
| (3) | For the purposes of this Chapter and Chapter V, the term "registration" includes, where appropriate, an amendment, extension or discharge of a registration. |