As enactedVersion · As enacted
Finance Leasing Act 2000 · As enacted · Part II · Duties of Lessors, LessuEs AND SUPPLIERS
16. Termination or variation of conditions of a supply agreeinent
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(1)
A lessee shall not terminate or rescind a supply agreement without the consent of the lessor.
lessee
Defined · s 43
“lessee”, in relation to a fiance lease, means a person who acquires a right to possession and use of an equipment under the lease;
(2)
The rights conferred on a fessec under this Act in relation to a supply agreement, shall not be affected by any variation of a term, condition, warranty or specification in such agreement, unless the lessee has consented in writing to such variation.