A lease is an agreement whereby the lessor conveys to the lessee in return for a payment or series of payments the right to use an asset for an agreed period of time.

Any excuse to give the Tigers a plug!!

Many Councils lease buildings and properties to other entities, and some buildings from other entities. Vehicles and IT Equipment and other items may also be leased.

Related Pages

External Links & References

  1. AASB Glossary
  2. Google Search
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