Clause 8

Section 131 of the Companies Act (Cap. 50) is amended by inserting, immediately after subsection (3A), the following subsections:“(3B) A charge referred to in subsection (3) does not include a charge created at any time on or after the date of commencement of the International Interests in Aircraft Equipment Act 2008 to the extent that it is capable of being registered under that Act.(3C) In subsection (3B), “registered” has the same meaning as in section 2(1) of the International Interests in Aircraft Equipment Act 2008.”.