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2009, vol. 81, iss. 4, pp. 103-115
General concept of the law on financial leasing and determination of entities of financial leasing
Union University, Faculty of Law and Business Studies 'dr Lazar Vrkatic', Novi Sad
Keywords: activity of financial leasing; leasing agreement; supply agreement; lessor; lessee; supplier of the subject of leasing
In this paper the author outlines that by adopting the Law on Financial Leasing, the activity of financial leasing, as a significant aspect of modern business transactions, has been regulated for the first time in our legal system and has obtained its legal establishment. The Law on Financial Leasing has created a legal framework which has provided for a necessary level of legal security in conducting financial leasing, while respecting, at the same time, the principle of autonomy of parties' will and extensive application of freedom of negotiations in the business relations related to financial leasing. The Law on Financial Leasing took over many solutions from the Convention on International Financial Leasing, and thus modern solutions in the field of financial leasing were integrated in our law, in accordance with our legal system, legal tradition and basic legal principles. By adopting the law on financial leasing, the activity of financial leasing has been defined, and has thus obtained its precise legal definition in our legal system.
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article language: Serbian
document type: Paper
DOI: 10.5937/gakv0904103L
published in SCIndeks: 07/07/2009

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