Section 17: Effect of nonregistration of a registrable lease agreement
Non-registration of a registrable lease agreement shall render the lease agreement invalid as between the parties to the agreement but shall render same unenforceable against any third party acting in good faith, for value without notice of the lease agreement.
Cite this section
Section 17, EQUIPMENT AND LEASING ACT (2015).
https://repo.podus.ai/laws/equipment-and-leasing-act/section/17/