LODGED BY ICELAND UNDER THE AIRCRAFT PROTOCOL
AT THE TIME OF THE DEPOSIT OF ITS INSTRUMENT OF ACCESSION
Pursuant to Article XXX(1) of the Aircraft Protocol, Iceland declares that it will apply Articles VIII, XII and XIII.
Pursuant to Article XXX(2) of the Aircraft Protocol, Iceland declares that it will apply Article X in its entirety and that the number of working days to be used for the purposes of the time-limit laid down in Article X(2) shall be in the respect of remedies specified in subparagraphs (a), (b) and (c) of Article 13(1) of the Convention no more than 10 calendar days and in respect of the remedies specified in subparagraphs (d) and (e) of Article13(1) of the Convention no more than thirty 30 calendar days.
Pursuant to Article XXX(3) of the Aircraft Protocol, Iceland declares that it will apply in entirety Alternative A of Article XI to all types of insolvency proceedings and that the waiting period for the purposes of Article XI(3) is 60 days.
Pursuant to Article XXX(5) of the Aircraft Protocol, Iceland declares that Article XXI of the Protocol will not apply within the European Economic Area. The Lugano Convention 2007 and 1988 on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters will apply to this matter for the Member States to the said Lugano Convention.
The International Institute for the Unification of Private Law (UNIDROIT) is an independent intergovernmental Organisation with its seat in the Villa Aldobrandini in Rome. Its purpose is to study needs and methods for modernising, harmonising and co-ordinating private and in particular commercial law as between States and groups of States and to formulate uniform law instruments, principles and rules to achieve those objectives.