Ba cheart an bunús, an bhailíocht agus an méid ceart in rem den sórt a chinneadh de réir lex situs agus níor cheart go mbeadh éifeacht ag tionscnamh imeachtaí dócmhainneachta air.
The basis, validity and extent of rights in rem should therefore normally be determined according to the lex situs and not be affected by the opening of insolvency proceedings.
(2) I gcás duine d'fháil bháis agus é ina shainchónaí in aon chuid de chríocha Pháirtí Chonarthaigh, ansin, maidir le situs aon chearta nó leas, dlíthúil nó cothromais, in aon cheann nó ar aon cheann de na haicmí maoine seo a leanas is cuid, chun críocha cánach, d'eastát an duine sin nó a aistríos, chun críocha cánach, ar é d'fháil bháis, déanfar, chun cáin ioncaim d'fhorchur agus chun críocha an chreidmheasa atá le lamháil faoi Airteagal V, é a chinneadh go heisiach do réir na rialacha seo a leanas, ach i gcásanna nach dtagann faoi na rialacha sin déanfar situs aon cheart nó leas den tsórt sin a chinneadh, chun na gcríocha sin, do réir an dlí maidir le cáin a bheas i bhfeidhm i gcríocha an Pháirtí Chonarthaigh eile:
(2) Where a person dies domiciled in any part of the territory of one Contracting Party, the situs of any rights or interests, legal or equitable, in or over any of the following classes of property which for the purposes of tax form part of the estate of such person or pass on his death, shall, for the purposes of the imposition of tax and for the purposes of the credit to be allowed under Article V, be determined exclusively in accordance with the following rules, but in cases not within such rules the situs of any such rights or interests shall be determined for those purposes in accordance with the law relating to tax in force in the territory of the other Contracting Party:
I gcás duine d'fháil bháis agus é ina shainchónaí in aon chuid de chríoch Rialtais Chonarthaigh, ansin, maidir le situs aon cheart nó leas, dlíthúil nó cothromais, in aon cheann nó ar aon cheann de na haicmí maoine seo a leanas is cuid, nó a meastar is cuid, chun cuspóirí dleachta, d'eastát an duine sin nó a aistríos, nó a meastar d'aistriú, chun cuspóirí dleachta, ar é d'fháil bháis, déanfar, chun an dleacht d'fhorchur agus chun cuspóirí an chreidmheasa atá le lamháil faoi Airteagal V. é a chinneadh go heisiach do réir na rialacha seo a leanas, ach i gcásanna nach dtagann faoi na rialacha sin déanfar situs aon cheart nó leas den tsórt sin a chinneadh, chun na gcuspóirí sin, do réir na ndlithe a bheas i bhfeidhm i gcríoch an Rialtais Chonarthaigh eile:
Where a person dies domiciled in any part of the territory of one Contracting Government, the situs of any rights or interests, legal or equitable, in or over any of the following classes of property which for the purposes of duty form or are deemed to form part of the estate of such person or pass or are deemed to pass on his death, shall, for the purposes of the imposition of duty and for the purposes of the credit to be allowed under Article V, be determined exclusively in accordance with the following rules, but in cases not within such rules the situs of such rules or interests shall be determined for these purposes in accordance with the laws in force in the territory of the other Contracting Government:
Sa chás ina bhfuil sócmhainní faoi réir cearta in rem faoi lex situs i mBallstát amháin ach ina bhfuil na príomhimeachtaí dócmhainneachta á ndéanamh i mBallstát eile, ba cheart go mbeadh an cleachtóir dócmhainneachta sna príomhimeachtaí dócmhainneachta in ann a iarraidh go dtionscnófar imeachtaí dócmhainneachta tánaisteacha sa dlínse ina eascraíonn na cearta in rem as, má tá bunaíocht ag an bhféichiúnaí ann.
Where assets are subject to rights in rem under the lex situs in one Member State but the main insolvency proceedings are being carried out in another Member State, the insolvency practitioner in the main insolvency proceedings should be able to request the opening of secondary insolvency proceedings in the jurisdiction where the rights in rem arise if the debtor has an establishment there.