Convention on International Interests in Mobile Equipment Act, 2007 (Act No. 4 of 2007SchedulesSchedule 2 : ProtocolChapter II : Default Remedies, Priorities and AssignmentsArticle XII - Insolvency assistance |
| (1) | This Article applies only where a Contracting State has made a declaration pursuant to Article XXX (1). |
| (2) | The courts of a Contracting State in which an aircraft object is situated shall, in accordance with the law of the Contracting State, co-operate to the maximum extent possible with foreign courts and foreign insolvency administrators in carrying out the provisions of Article XI. |