Finance Leasing Act 2000 · இயற்றப்பட்டவாறு · Part II · Duties of Lessors, LessuEs AND SUPPLIERS
18. Supplier's obligations to a lessee
கருத்துகள் மற்றும் உதவிஅதிகாரப்பூர்வ ஆங்கில மொழிபெயர்ப்பு. சிங்கள அல்லது தமிழ் உரையிலிருந்து வேறுபடும் இடங்களில் எந்த உரை மேலோங்கும் என்பதைச் சட்டமே குறிப்பிடுகிறது.
Where a lessor enters into a supply agreement for the supply of an equipment to a lessee, the lessee shall also have the right lo enforce such agreement as if the lessee were a parly to it.
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;
Where the suppticr discharges the liability under a supply agreement to cither the lessor or lessee, the supplier shall be released from the liability to the other, and the provisions of subsection (1) shall not be construed as imposing on the supplier, any liability to both the lessor and the lessee in respect of the same matter or thing under such agreement, in such instance.
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;