• Chapter IV Chapter IV The international registration system

    • Article 16 — The International Registry

      1. An International Registry shall be established for registrations of:
      (a) international interests, prospective international interests and registrable non-consensual rights and interests;
      (b) assignments and prospective assignments of international interests;
      (c) acquisitions of international interests by legal or contractual subrogations under the applicable law;
      (d) notices of national interests; and
      (e) subordinations of interests referred to in any of the preceding sub-paragraphs.
      2. Different international registries may be established for different categories of object and associated rights.
      3. For the purposes of this Chapter and Chapter V, the term "registration" includes, where appropriate, an amendment, extension or discharge of a registration.

    • Article 17 — The Supervisory Authority and the Registrar

      1. There shall be a Supervisory Authority as provided by the Protocol.
      2. The Supervisory Authority shall:
      (a) establish or provide for the establishment of the International Registry;
      (b) except as otherwise provided by the Protocol, appoint and dismiss the Registrar;
      (c) ensure that any rights required for the continued effective operation of the International Registry in the event of a change of Registrar will vest in or be assignable to the new Registrar;
      (d) after consultation with the Contracting States, make or approve and ensure the publication of regulations pursuant to the Protocol dealing with the operation of the International Registry;
      (e) establish administrative procedures through which complaints concerning the operation of the International Registry can be made to the Supervisory Authority;
      (f) supervise the Registrar and the operation of the International Registry;
      (g) at the request of the Registrar, provide such guidance to the Registrar as the Supervisory Authority thinks fit;
      (h) set and periodically review the structure of fees to be charged for the services and facilities of the International Registry;
      (i) do all things necessary to ensure that an efficient notice-based electronic registration system exists to implement the objectives of this Convention and the Protocol; and
      (j) report periodically to Contracting States concerning the discharge of its obligations under this Convention and the Protocol.
      3. The Supervisory Authority may enter into any agreement requisite for the performance of its functions, including any agreement referred to in Article 27(3).
      4. The Supervisory Authority shall own all proprietary rights in the data bases and archives of the International Registry.
      5. The Registrar shall ensure the efficient operation of the International Registry and perform the functions assigned to it by this Convention, the Protocol and the regulations.