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6. That, in view of the above decisions, the Assembly consider that no action is required concerning the draft conventions mentioned under No. 2 (/), (g) and (h) of the Agenda of Commission No. 4( 1 ). XXXII CONVENTION ON RECORDATION OF TITLE TO AIRCRAFT AND AIRCRAFT MORTGAGES Whereas : It appears desirable to have placed in effect among as many States as possible and as soon as possible a convention on recordation of title to aircraft and aircraft mortgages in order to facilitate dealing in and financing of aircraft engaging in international air navigation, and Whereas : Substantial progress has been made towards the preparation of such a convention, but nevertheless it appears that further study and exchange of views are necessary as a prelude to the formulation of a satisfactory convention for adoption by the Assembly and signature and ratification by the greatest possible number of States, and Whereas : It is understood that the Assembly does not by its action hereinafter taken", adopt or endorse any view with respect to the final terms of a convention on recordation of title to aircraft and aircraft mortgages, Now therefore be it resolved : 1. That the Interim Council cause to be circulated as soon as possible to all States, the CITEJA and other interested parties, the documents attached to the Report by Commission 4 on this matter (Doc. 1808 LE/36) consisting of (a) a draft convention on recordation of title to aircraft and aircraft mortgages, (b) a memorandum on the draft convention on recordation of title to aircraft and aircraft mortgages, and (c) the proposals of certain States for revision of the above draft convention, for the purpose of enabling the aforesaid parties to study the documents concerned and submit comments and proposals with respect thereto to the Council. 2. That the Council request all States, the CITEJA and other interested parties, to submit comments to it by Ist January, 1947. The Council shall circulate all documents and proposals received by it. 3. That on or before Ist January 1947, the Council appoint a small ad hoc legal committee on the convention on recordation of title to aircraft and aircraft mortgages, or take other appropriate steps, to review the comments and proposals received and to prepare a report containing an analysis of the problems and, to the extent determined to be feasible, recommendations as to their solution. 4. That the Council communicate to all States the report and recommendations mentioned above for action at the next Assembly thereafter. XXXIII FINANCIAL ARRANGEMENTS OF THE ORGANIZATION Whereas : Article 11, Section 2, paragraph 5, of the Interim Agreement, provides that the powers and duties of the Assembly shall be, among other things, to determine the financial arrangements of the Organization, and

( 1 ) (/) CITEJA draft Convention on the Status of the CITEJA ; (g) CITEJA draft Convention on the Interpretation by CITEJA of the conventions and rules on Private Air Law; (h) CITEJA draft Convention entrusting CITEJA with the preparation of measures to implement conventions on Private Air Law.

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