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    <title>New bill to boost aircraft leasing industry, strengthen banking ecosystem: Naidu</title>
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    <description>The Protection of Interests in Aircraft Objects Bill, 2025 seeks to implement the Cape Town Convention in domestic law, resolving inconsistencies in leasing regulation and expressly facilitating lessor repossession rights under recognized secured arrangements. The bill aims to incentivise domestic lessors and strengthen the banking and aviation finance ecosystem by reducing legal uncertainty in leasing enforcement, responding to difficulties experienced during insolvency moratoria.</description>
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