The recent inauguration of the Equipment Leasing Registration Authority (ELRA), paved the way for full implementation of the Equipment Leasing Act 2015 (ELA).
It is therefore imperative for lessors, to further acquaint themselves with the nuances of the present legal framework, to enhance compliance and protect themselves in the lease transactions, using standard documentation in line with the ELA.
Participants are expected at the end of the programme, to have a thorough understanding of the Act, no matter the level of expertise, various compliance issues and update on critical lease documents for a safer transaction.
OUTLINES
* Overview and implications of the Equipment Leasing Act
* Leasing & other forms of transaction: Hire purchase, Credit sales, conditional sales, Loan etc
* Different definitions of leasing: Legal, Tax, Accounting
* Requirements for Lease agreement: Finance & Operating leases
* Mechanics of a Lease: Legal relationships as defined by the Act
* Rights & Obligations of the Lessor and Lessee
* Risks confronting the Lessor and protective mechanism
* End of Lease Options: Termination and Repossession
* Lease Documentation: Standard clauses and specimens of offer letter, Lease Agreement, Delivery Certificate, Guarantee, Landlord Waiver etc.
Date: Thursday, 20th – Friday, 21stth July, 2023
Venue: ELAN Training Centre, 25B Fola Jinadu Crescent, Gbagada Phase I, Lagos
Fee: Member: N69,500.00
Non-member: N79,500.00
Time: 9.00am – 4.00pm
TARGET PARTICIPANTS
Lease Practitioners, Personnel involved in the Lease processes and those interested in leasing business.
We look forward to welcoming you.
Contact: 08035415478, 08023814023
Details
Starts On
July 20, 2023 - 9:00 am
Ends On
July 21, 2023 - 5:00 pm
Cost
N 79.50
Venue
25B Fola Jinadu Street
Gbagada
Lagos
Nigeria
100221
P: 08023176691, 08035415478
https://www.elannigeria.org
Gbagada
Lagos
Nigeria
100221
P: 08023176691, 08035415478
https://www.elannigeria.org