Space assets also play an important role in sustaining strategic stability.

In addition, the deployment and use of space weapons will seriously threaten the security of space assets and risks harming the biosphere of the earth.

It would not be an exaggeration to say that all nations have a stake in protecting space assets and the benefits they provide.

The view was expressed that the level of interest in the draft space assets protocol was indicative of the importance attached to the formulation of a legal instrument able to facilitate the private financing of space activities to the benefit of commercial, as well as public, space applications.

On a national basis, there are many different ways to reinforce space security through the protection of space assets.

It had reconvened its Working Group on the preliminary draft protocol on matters specific to space assets to the Convention on International Interests in Mobile Equipment.

Mr. Berry (Canada) The global community, both spacefaring and non spacefaring nations, draws ever increasing benefits from space assets.

Asset recovery

UNDG United Nations Development Group

However, the Guide proposes that all types of asset are capable of being the object of a security right, including all present and future assets of a business, and covers all assets, both tangible and intangible, with the exception of assets specifically excluded.

Some delegations expressed the view that the default provisions, which envisaged the transfer of space assets under the future protocol, could result in the erosion of rights and obligations under the outer space treaties.

Return and disposal of assets

(a) Assets of the debtor, including the debtor's interest in encumbered assets and in third party owned assets

Studies commissioned by ESA have indicated that a large potential exists to utilize dedicated space based assets to further understanding of the NEO hazard (see annex II) and have elucidated the European options for dealing with it.

The studies demonstrated that space assets could complement ground based observations and therefore represented a credible and interesting means of assessing NEO risk, including from the point of view of risk and cost.

The allotment of common assets

Assets constituting the estate

Over the past 35 years, a number of treaties and agreements have been concluded to protect assets in space, among which the Outer Space Treaty of 1967, concluded in the early years of space exploration, remains the most important.

(v) Any buyer or other transferee (including a lessee or licensee) of the encumbered asset.

Space communication, television broadcasting and navigation

This is particularly important given the unique characteristics of the space environment and space technology.

Presentation by delegates of asset sharing systems.

Legal sufficiency of description of assets covered by a registered notice

Treatment of assets acquired after commencement

Costs and expenses of maintaining value of the encumbered asset

Among the categories of intangibles are claims and receivables.

The law should provide that a secured creditor's priority with respect to an encumbered asset extends to the proceeds of the asset subject to the requirements of recommendation 54.

While the European Space Agency advocates the peaceful development of space assets and the peaceful use of space. There is an underlying contradiction between the EU space policy and the NATO space defence policy that needs to be addressed.

The law should address the priority of a security right in a leased asset that is effective against third parties as against the rights of a lessee of such asset.

(k) Deferred charges shown under other assets

(h) Encumbered asset means property that is subject to a security right.

Space research

(iii) Another creditor of the grantor asserting a right in the same encumbered asset (e.g. by operation of law, attachment or seizure or a similar process)

(a) Financial and human resources, including existence of assets

(i) Tangibles means all forms of corporeal movable property.

(k) The recovery of assets, in accordance with the provisions of chapter V of this Convention.

His is the kingdom of the heavens and the earth , and all things will go back to Him .

For Him only is the kingship of the heavens and the earth and towards Allah only is the return of all matters .

To Him belongs the Kingdom of the heavens and the earth and unto Him all matters are returned .

His is the dominion of the heavens and the earth , and Unto Allah will all affairs be brought back .

His is the kingdom of the heavens and the earth . And to Allah return all the matters ( for decision ) .

To Him belongs the kingship of the heavens and the earth , and to God all matters are referred .

His is the dominion of the heavens and the earth , and to Him are all matters referred ( for judgement ) .

His is the Sovereignty of the heavens and the earth , and unto Allah ( all ) things are brought back .

To Him belongs the kingdom of the heavens and the earth , and to Allah all matters are returned .