Convention on International Interests in Mobile Equipment Act, 2007 (Act No. 4 of 2007SchedulesSchedule 1 : ConventionChapter I : Sphere of Application and General ProvisionsArticle 3 - Sphere of application |
| (1) | This Convention applies when, at the time of the conclusion of the agreement creating or providing for the international interest, the debtor is situated in a Contracting State. |
| (2) | The fact that the creditor is situated in a non-Contracting State does not affect the applicability of this Convention. |