Article 16. Assignment by the lessor and lessee of their rights to third parties

On leasing (756-I-son) · Date: 14.04.1999 · In force

The lessor may assign to third parties all or part of its rights under the leasing contract with notification to the lessee.

The lessee may assign to third parties all or part of their rights under a leasing contract with the permission of the lessor.

When moving the right of ownership to the object of leasing from the lessor to a third party leasing contract, concluded with the lessee retains the power to a new owner.

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Source of the text

National Database of Legislation of the Republic of Uzbekistan (lex.uz). Original on lex.uz: lex.uz/docs/4538319

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Cite as: Article 16. Assignment by the lessor and lessee of their rights to third parties On leasing (756-I-son). neolex.uz/en/laws/law-85248/16 (lex.uz/docs/4538319)