Singapore legislation

Section 2

of International Interests in Aircraft Equipment Act 2009

Section 2

Interpretation

Amended by15/201740/2018

(1)

In this Act, unless the context otherwise requires —

Amended by15/201740/2018

Definition

“agreement” has the meaning given by Article 1(a) of the Convention;

Definition

“aircraft objects” has the meaning given by Article I(2)(c) of the Protocol;

Definition

“commencement of insolvency proceedings” means —

(a)

in the case of proceedings in bankruptcy under Part 16 of the Insolvency, Restructuring and Dissolution Act 2018, the date of presentation of the bankruptcy application under section 307 or 308 of that Act;

(b)

in the case of winding up proceedings under Part 8 of the Insolvency, Restructuring and Dissolution Act 2018, the time the winding up is deemed to have commenced under section 126 of that Act or the time specified under section 161(6) of that Act;

(c)

in the case of a voluntary arrangement under Part 14 of the Insolvency, Restructuring and Dissolution Act 2018, the date of the application for an interim order under section 276(1) of that Act;

(d)

in the case of a compromise or an arrangement under section 210 of the Companies Act 1967, the date of the application for an order under section 210(1) of that Act;

(e)

in the case of a compromise or an arrangement under section 71 of the Insolvency, Restructuring and Dissolution Act 2018, the date of the application under section 71 of that Act; or

(f)

in the case of judicial management proceedings under Part 7 of the Insolvency, Restructuring and Dissolution Act 2018 —

(i)

the date of the application for a judicial management order under section 91 of that Act; or

(ii)

the date of lodgment of the notice of appointment of the interim judicial manager under section 94(5)(a) of that Act;

Definition

“Convention” means the Convention on International Interests in Mobile Equipment signed at Cape Town on 16 November 2001, the text of which is set out in the First Schedule;

Definition

“creditor” has the meaning given by Article 1(i) of the Convention;

Definition

“debtor” has the meaning given by Article 1(j) of the Convention;

Definition

“declaration” means a declaration or designation made by Singapore under the Convention or Protocol;

Definition

“insolvency administrator” means —

(a)

in the case of proceedings in bankruptcy under Part 16 of the Insolvency, Restructuring and Dissolution Act 2018, the trustee of the bankrupt’s estate;

(b)

in the case of winding up proceedings under Part 8 of the Insolvency, Restructuring and Dissolution Act 2018, the liquidator or provisional liquidator; or

(c)

in the case of judicial management proceedings under Part 7 of the Insolvency, Restructuring and Dissolution Act 2018, the judicial manager or interim judicial manager;

Definition

“insolvency proceedings” means —

(a)

proceedings in bankruptcy under Part 16 of the Insolvency, Restructuring and Dissolution Act 2018;

(b)

winding up proceedings under Part 8 of the Insolvency, Restructuring and Dissolution Act 2018;

(c)

the making of a voluntary arrangement under Part 14 of the Insolvency, Restructuring and Dissolution Act 2018 or a compromise or an arrangement under section 210 of the Companies Act 1967 or section 71 of the Insolvency, Restructuring and Dissolution Act 2018; or

(d)

judicial management proceedings under Part 7 of the Insolvency, Restructuring and Dissolution Act 2018;

Definition

“international interest” has the meaning given by Article 1(o) of the Convention;

Definition

“Protocol” means the Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment signed at Cape Town on 16 November 2001, the text of which is set out in the Second Schedule;

Definition

“registered” has the meaning given by Article 1(bb) of the Convention.

Amended by15/201740/2018

(2)

Unless a contrary intention appears, words and expressions used in this Act have the meanings given by the Convention and Protocol.