Section 22: Rights and obligation of a lessee
(1) A lessee shall during the specified period of a lease have the following rights and obligations—
(a) have and enjoy quiet possession of the leased equipment;
(b) as long as the lessee performs his obligations in accordance with terms of the lease agreement. The lease agreement shall not be terminated unilaterally by the lessor even if the lessor is declared insolvent;
(c) use the equipment according to the terms and conditions of the lease agreement;
(d) take proper care of the equipment and use it in a reasonable manner consistent with that of a normal user and keep it in the condition with which it was delivered subject to fair wear and tear and to any leasor approved modification of the equipment;
(e) be responsible for the maintenance of the leased equipment in a finance lease; and
(f) pay the lease rentals as stipulated in the leased agreement.
(2) Without prejudice to the lessors rights against the lessee or the supplier or manufacture, the lessee shall have the right to direct action against the manufacturer in order to hold the supplier or the manufacturer to the satisfactory performance of the supplier’s or manufacturers contractual obligations, and to obtain from the supplier’s or manufacturer’s compensation for damages resulting from the supplier or manufacturer’s default.
(3) the lessee shall have no other claim against the lessor, delay in delivery or delivery of a non-conforming equipment except to the extent to which this results from the act or omission of the lessor.
Cite this section
Section 22, EQUIPMENT AND LEASING ACT (2015).
https://repo.podus.ai/laws/equipment-and-leasing-act/section/22/