Finance Leasing Act 2000 · As enacted · Part II · Duties of Lessors, LessuEs AND SUPPLIERS
15. Return of equipment
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Upon the expiration of the period of a finance lease or its prior termination under this Act, the lessee shall return the eyguipment to the lessor in such condition as is specified in paragraph (¢) of section 12, unless the lessee had acquired aright to purchase the equipment or retain it for a further period. Where the fessee faits to return the equipment, the lessor shall have a right to recover possession of the same.
lessee
“lessee”, in relation to a fiance lease, means a person who acquires a right to possession and use of an equipment under the lease;