Q. With reference to the Protection of Interests in Aircraft Objects Bill 2025, consider the following statements:
1.It aims to implement international agreements related to aircraft leasing and financing.
2.It aims to align India’s laws with the Hague Convention.
3.Directorate General of Civil Aviation (DGCA) is designated as the registry authority under Bill.
Which of the statements given above are correct?
Answer: C
Notes:
Explanations –
Statements 1 and 3 are correct. The Protection of Interests in Aircraft Objects Bill, 2025, seeks to give legal effect to the Cape Town Convention and its Aircraft Protocol, which are international agreements designed to standardize rules for aircraft leasing and financing. The DGCA is designated as the registry authority responsible for implementing provisions of the Cape Town Convention and managing aircraft registration and de-registration.
Statement 2 is incorrect. The Bill aligns India’s laws with the Cape Town Convention and its Aircraft Protocol, not the Hague Convention.
Source: The Hindu
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