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23 September 2009
The Isle of Man Aircraft Registry was established in May 2007 to provide for the registration of private and corporate jets and twin turbine-engine helicopters. At present, it is the only dedicated corporate aircraft register in Europe and has some 156 aircrafts registered.
Qualified ownership of Isle of Man-registered aircraft
The holding of a legal or beneficial interest by way of ownership in an aircraft registered in the Isle of Man is limited to qualifying persons. Such persons are:
Where a legal or beneficial interest by way of ownership in an aircraft is held by an unqualified person who resides or has a place of business in the Isle of Man, if the registry is satisfied that in all other circumstances the aircraft can be properly registered, it may register the aircraft in the Isle of Man provided that it is not to be used for the purposes of commercial air transport or aerial work.
Demise charter provisions for aircraft also exist. If an aircraft is chartered by demise to a qualified person the department may, no matter whether an unqualified person is entitled as owner to a legal or beneficial interest therein, register the aircraft in the Isle of Man in the name of the charterer by demise, provided that it is satisfied that the aircraft may otherwise be properly so registered.
For the purposes of registration, qualifying countries and territories include all countries within the Commonwealth (as defined in the Air Navigation (Isle of Man) Order 2007) and EEA states.
In order to register an aircraft with the Isle of Man Aircraft Registry, the following procedure must be followed:
It is normal procedure for the registry to open an account for applicants and invoice for all the relevant fees after completion of the registration process.
Where required, financial institutions may enter an aircraft mortgage priority notice and an entry of aircraft mortgage in the Isle of Man Register of Aircraft Mortgages.
Civil Aviation Administration
The Isle of Man Civil Aviation Administration (CAA) is the division of the Isle of Man Department of Trade and Industry responsible for regulating aviation in the Isle of Man. The CAA's role is to administer the Aircraft Registry and regulate the airport. The CAA is responsible for ensuring that aviation legislation meets International Civil Aviation Organization standards and recommended practices, and other relevant European aviation standards.
The principal legislation governing aviation in the Isle of Man is contained in:
(1) The Civil Aviation (Subordinate Legislation) (Application) Order 2006 and the Civil Aviation (Subordinate Legislation) (Application) Order 2008 apply UK civil aviation subordinate legislation to the Isle of Man (see www.gov.im/lib/docs/dti/aircraftRegistry/ca_subord_applied20068.pdf).
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Christopher J Murphy