D

DECLARATIONS LODGED BY THE REPUBLIC OF PARAGUAY UNDER THE MAC PROTOCOL AT THE TIME OF THE DEPOSIT OF ITS INSTRUMENT OF RATIFICATION

DECLARATIONS

LODGED BY THE REPUBLIC OF PARAGUAY UNDER THE MAC PROTOCOL AT THE TIME OF THE DEPOSIT OF ITS INSTRUMENT OF RATIFICATION

 

 

Declaration on Article VII (2)

The Republic of Paraguay declares that it will apply in its entirety Article VII, Alternative A, in relation to international interests in immovable-associated equipment which is situated in the Republic of Paraguay.

Declaration on Article XXVIII (1) with respect to Article VI

The Republic of Paraguay declares that it shall apply Article VI.

 

Declaration on Article XXVIII (1) with respect to Article XI

The Republic of Paraguay declares that it will apply Article XI.

 

Declaration on Article XXVIII (2) with respect to Article IX, which provides for the application in its entirety of Article IX

The Republic of Paraguay declares that it will apply Article IX in its entirety and that the number of days for the purposes of the time limits set forth in Article IX, paragraph 2, shall be, with respect to the legal remedies provided for in Article 13, paragraph 1, (a), (b), (c), (d) and (e) of the Convention (preservation of the object and its value; possession, control or custody of the object; immobilization of the object; leasing or management of the object and its proceeds; sale and application of the proceeds of the sale), ten (10) calendar days for the judicial proceeding in relation to the legal remedies provided for in Article 13, paragraph 1, (a) to (c) and thirty (30) calendar days for the judicial proceeding in relation to the exercise of the legal remedies provided for in Article 13, paragraph 1, (d) and (e).

 

Declaration on Article XXVIII (3), which provides for the application of the Article X in its entirety to all types of insolvency proceedings

The Republic of Paraguay declares that it will apply Article X in its entirety to all types of insolvency proceedings and that the waiting period for the purposes of Article X shall be thirty (30) calendar days.

 

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Declarations lodged by the Republic of Paraguay under the Cape Town Convention