EQUIPMENT AND LEASING ACT

Section 17: Effect of nonregistration of a registrable lease agreement

2015Section 17 of 45Federal Republic of Nigeria

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/