[Code of Federal Regulations] [Title 14, Volume 1] [Revised as of January 1, 2006] From the U.S. Government Printing Office via GPO Access [CITE: 14CFR47.43] [Page 918-919] TITLE 14--AERONAUTICS AND SPACE CHAPTER I--FEDERAL AVIATION ADMINISTRATION, DEPARTMENT OF TRANSPORTATION PART 47_AIRCRAFT REGISTRATION--Table of Contents Subpart B_Certificates of Aircraft Registration Sec. 47.43 Invalid registration. (a) The registration of an aircraft is invalid if, at the time it is made-- (1) The aircraft is registered in a foreign country; (2) The applicant is not the owner; [[Page 919]] (3) The applicant is not qualified to submit an application under this part; or (4) The interest of the applicant in the aircraft was created by a transaction that was not entered into in good faith, but rather was made to avoid (with or without the owner's knowledge) compliance with section 501 of the Federal Aviation Act of 1958 (49 U.S.C. 1401). (b) If the registration of an aircraft is invalid under paragraph (a) of this section, the holder of the invalid Certificate of Aircraft Registration shall return it as soon as possible to the FAA Aircraft Registry. [Doc. No. 7190, 31 FR 4495, Mar. 17, 1966; 31 FR 5483, Apr. 7, 1966, as amended by Amdt. 47-20, 44 FR 61940, Oct. 29, 1979] Effective Date Note: At 70 FR 245, Jan. 3, 2005, Sec. 47.43 was amended by revising paragraph (a)(4), effective concurrent with the date the Cape Town Treaty enters into force with respect to the United States. For the convenience of the user, the revised text is set forth as follows: Sec. 47.43 Invalid registration. (a) * * * (4) The interest of the applicant in the aircraft was created by a transaction that was not entered into in good faith, but rather was made to avoid (with or without the owner's knowledge) compliance with 49 U.S.C. 44101-44104. * * * * *