Finance Leasing Act 2000 · As enacted · Part II · Duties of Lessors, LessuEs AND SUPPLIERS
30. Savings of other remedics
Feedback & supportOfficial English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
The provisions of sections 27, 28 and 29 shall be in addition to and not in derogation of any other remedy that may be available to a lessor in law, for the recovery of possession of any equipment or any money due under a finance lease.
equipment
“equipment” means any tangible asset which has an economically useful life of more than one year and does not include land, any improvements made to land other than fixtures or immovable property attached to land which can be removed from the land without substantial destruction to such fixture or immovable property;