Sri Lanka Consolidated Acts

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Finance Leasing Act (No. 56 of 2000) - Sect 16

Termination or variation of conditions of a supply agreement

16. (1) A lessee shall not terminate or rescind a supply agreement without the consent of the lessor. (2) The rights conferred on a lessee under this Act in relation to a supply agreement, shall not be affected by any variation of a term, condition, warranty or specification in such agreement, unless the lessee has consented in writing to such variation.


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