Section 28: Liability of the lessor for delay in delivery of leased equipment

(1) Where the leased equipment is not delivered to the lessee—
(a) as a result of delay by the lessor to enter into sales agreement with the supplier or manufacturer; or
(b) as a result of delay by the lessor to make payment to the supplier or manufacturer; or
(c) for any other delay attributable to the lessor; the lessee’s obligation to the lessor under the lease agreement shall be suspended and, the lessee shall give the lessor an appropriate extension of time during which the lessor shall comply with his contractual obligation.