OFFICIAL COMMENTARY

MAC PROTOCOL - OFFICIAL COMMENTARY

Pursuant to Resolution 4 of the diplomatic Conference for the adoption of the Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Mining, Agricultural and Construction Equipment (Pretoria, 11 – 22 November 2019), an Official commentary on the Protocol is being prepared by the Reporter of the Diplomatic Conference, in close co-operation with the UNIDROIT Secretariat, and in co-ordination with the Chair of the Commission of the Whole, the Chairs of the Final Clauses Committee, and the Chairs of the Drafting Committee.

The Official Commentary on the Convention on International Interests in Mobile Equipment and Protocol thereto on Matters Specific to Mining, Agricultural and Construction Equipment (the MAC Protocol) by Professor Sir Roy Goode was published in May 2021.

The Official Commentary consists of narrative text, annotations to the two instruments containing 77 illustrative examples and several appendices, together running to over 750 pages. It provides a comprehensive and authoritative guide which is indispensable for all manufacturers, financiers, lessors and their legal advisors involved in transactions relating to MAC equipment.