Finance Leasing Manual - FLM12.05

Examining the lease agreement

Information that might be extracted from the lease covers issues like-

• lease classification - relevant factors including the identity of the parties - see FLM12.07;

• the structure of the lease - its possible effects, notably on timing of deduction for rents - see FLM12.12;

• ownership of leased assets - see FLM12.47;

• why the leasing transaction has been undertaken - see FLM12.56.