Article 4. The leasing subject of the Financial Leasing Act

Home / RLA / Article 4. The leasing subject of the Financial Leasing Act

1. The subject of leasing can be buildings, structures, machinery, equipment, inventory, vehicles, land plots and any other non-consumable items.

2. Securities and natural resources cannot be leased.

3. Legislative acts may establish other restrictions on the use of certain categories of things and land plots as a subject of leasing.

4. The leased item remaining in the lessor's ownership in the event of termination or termination of the lease agreement may be used by the lessor for subsequent leasing transfer to another lessee.

Upon subsequent leasing of such a leased item, it is considered that the choice of the seller and the leased item is made by the lessor.

The Law of the Republic of Kazakhstan dated July 5, 2000 No. 78.

This Law regulates relations arising in the process of financial leasing and is aimed at attracting investments based on leasing activities.

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