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Part II · Duties of Lessors, LessuEs AND SUPPLIERS

19. Non-liabitity of lessor for loss in relation to equipment

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Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

(1)

A lessor shall not incur any Hability to the lessee for any loss suffered by the lessee in respect of the equipment provided under the finance lease, except to the extent of any loss arising out of the lessce’s reliance on the lessor’s skill and judgement on the selection of the equipment or in the lessor’s intervention in the selection of the supplier or in the specification of the equipment.

(2)

Subject to the provisions of subsection (1), the lessor shall not, in the capacity of a lessor, be liable to any person for any loss suffered by death, personal injury or damage to property caused by any equipment provided under the finance lease or its use,

(3)

The provisions of subsection (2), shall not affect the liability of a lessor for the loss referred to in that subsection, in a capacity other than as a lessor.

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