ARTICLE
16 November 2015

Jersey Aircraft Registry… Ready For Take Off!

A
Appleby

Contributor

Appleby is one of the world’s leading offshore law firms, operating in 10 highly regarded and well-regulated locations. We provide comprehensive, expert advice and services across a number of key practice areas. We work with our clients to achieve practical solutions whether from a single location or across multiple jurisdictions.
The Jersey Aircraft Registry (JAR) became operational and registered its first new private jet of significant value on 5 November 2015.
Jersey Wealth Management
To print this article, all you need is to be registered or login on Mondaq.com.

The Jersey Aircraft Registry (JAR) became operational on 5 November 2015 and will offer:

  • Registration of private and corporate aircraft
  • Registration of commercial aircraft engine mortgages
  • An online registration system, available 24-hours a day
  • A safe and comprehensive regulatory framework
  • Neutral nationality registration prefix 'ZJ-' followed by three characters of choice

The JAR has been created by two new pieces of primary legislation, namely the Aircraft Registration (Jersey) Law 2014 (Aircraft Registration Law) which came into effect on 21 October 2015 and the Air Navigation (Jersey) Law 2014 (Air Navigation Law) that came into force in December 2014.

Chris Kelleher, in charge of Business Development for the JAR stated that: "... the JAR will adopt a competitive scheme of charges and provide customers with an impressive registration turnaround".

Appleby assisted with the establishment of the JAR by advising the States of Jersey on the structure and operation of the registry. Brian Johnson, Director of Operations for Appleby Aviation who also helped establish the successful Isle of Man aircraft registry, said: "We are very proud to have assisted with the establishment of the JAR which we see as an exciting new addition to Jersey's offering as a highly respected and well-established financial services centre. The JAR will provide the perfect platform for customers around the world seeking an efficient registration of private and corporate high-value jets and helicopters".

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See More Popular Content From

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More