時(shí)間：2014-12-20 10:12來(lái)源：藍(lán)天飛行翻譯公司 作者：民航翻譯 點(diǎn)擊：次
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To view this page ensure that Adobe Flash Player version 9.0.124 or greater is installed. 4. Amounts spent in the joint interest of creditors on enforcement procedures leading to sale and legally due, in accordance with laws in force in the Kingdom, shall be paid using the aircraft sale price prior to all other debts, including privileged debts pursuant to Article (61) of this Law. 5. Pursuant to the provisions of this Article, forced sale of an aircraft shall relieve ownership thereof of all rights, including those not considered by the purchaser. Article (64): Extension of registered right to spare parts 1. If any of the rights set forth in Article (56) of this Law arises as security for a debt and is correctly registered on an aircraft, said right shall extend to spare parts stored in a specified place or places subject to conditions provided for in the Regulations. 2. For the purpose of this Article, (spare parts) shall mean aircraft parts, engines, propellers, radio devices, tools and equipment and parts thereof; and, in general, all other items of any nature kept for the purpose of replacing parts or instruments making up an aircraft. Article (65): Forced sale of spare parts 1. Should an aircraft be subject to forced sale in accordance with Article (63) of this Law, said sale shall include attached spare parts; ownership of which shall be transferred to the new purchaser. 2. If the debt of the attaching creditor is not secured in kind, spare parts may be sold at an auction for two thirds of the value thereof pursuant to paragraph (3) of Article (63) of this Law as specified by experts appointed by the authority assigned to conduct said sale. 3. When distributing sale proceeds of spare parts, the authority assigned to conduct said sale for the benefit of the attaching creditor shall determine the amount disbursable to privileged creditors up to two thirds of the sale proceeds after deduction of joint expenses referred to in paragraph (4) of Article (63) of this Law. Article (66): Compensation for damage on the earth surface 1. If forced sale is conducted in the Kingdom and damage occurs on the earth surface within its territory by an aircraft on which any of the rights set forth in Article (56) is established as security for debt, the following shall be observed when attaching said aircraft or any other aircraft owned by the same owner with similar rights established thereon to the benefit of the same creditor: |
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