Section 20: Sale, transfer of leased equipment

(1) A lessee shall not during the period in which a leased equipment remain in his possession and use, sub-lease, assign pledge mortgage, charge, create any encumbrance or act in any way that is inconsistent with the legal ownership of a less of with a third party.
(2) Subject to the provisions of this Act, or a lease agreement, any sale, sub-lease, pledge, charge, mortgage, loan or assignment or any act inconsistent with the legal ownership of a lessor shall not be effective.
(3) The lessee shall have no other claim against the Lessor for non-delivery, delay in delivery or delivery of non-conforming equipment except to extend to which this results from the Act or omission of the Lessor.