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Finance Lease

Elisabeth G. Lab English

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Finance Lease

  • Generally, a land lease is an operating lease if title will not pass to the lessee at the end of the lease term. But under the amendment under PAS 17, a land lease of several decades (more than two) becomes a finance lease even if title will not pass to the lessee

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    Mind Map on Finance Lease, created by Elisabeth G. Lab on 13/08/2016.
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