of April 28, 2005 No. 59-XVI
About leasing
The Parliament adopts this organic law.
This law determines the legal basis of regulation of the leasing relations, leasing objects, and also participants of leasing transactions, their rights, obligation and responsibility.
(1) Leasing and the related legal relationship are regulated by the Civil code, this law, regulations of the National commission on the financial market and other legal acts.
(2) If the international treaty in the field of leasing, one of the parties of which is the Republic of Moldova, the regulations differing from provided by this law are established, regulations of the international treaty are applied.
For the purpose of this law the following concepts are used in value:
leasing - set of the relations arising for the purpose of and in connection with implementation of the agreement of leasing;
the agreement of leasing - the agreement according to which one party (lessor) (leasing recipient) shall provide according to the petition of other party in temporary ownership and use the thing acquired or made by the lessor instead of periodical payments (leasing payments), and after the duration of the agreement to observe the right of the leasing recipient to choose: acquire thing, extend the agreement of leasing or stop contractual relations;
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The document ceased to be valid since March 1, 2019 according to the article XVII of the Law of the Republic of Moldova of November 15, 2018 No. 133