Finance Leasing Act 2000 · As enacted · Part II · Duties of Lessors, LessuEs AND SUPPLIERS
26. Lessee’s trustees in bankruptcy or creditors
Feedback & supportOfficial English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
The rights of a lessor under this Act may be enforced against a trustee in bankruptey of the lessee, or against any creditor of a lessee, including any creditor who has obtained an attachment in execution of such equipment.
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;
For the purposes of subsection (1), “a trustve in bankruptcy” includes a liquidator, administratar or other person appointed to administer the estate of @ lessee for the benefit of the lessee’s creditors.