Sri Lanka Consolidated Acts

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Finance Leasing Act (No. 56 of 2000) - Sect 26

Lessee's trustees in bankruptcy or creditors

26. (1) The rights of a lessor under this Act may he enforced against a trustee in bankruptcy of the lessee, or against any creditor of a lessee, including any creditor who has obtained an attachment in execution of such equipment. (2) For the purposes of subsection (1). "a trustee in bankruptcy'" includes a liquidator, administrator or other person appointed to administer the estate of a lessee for the benefit of the lessee's creditors.


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