Development of a law on Financial Leasing

During the year 2011, the Commission commenced a study to develop a legislative framework to govern financial leasing transactions. This was under the auspices of the Private sector Competitive Project of the International Finance Corporation coordinated by the Private Sector Foundation of Uganda. The project rolled over to 2012. A study report on the Financial Leasing Bill has been prepared. Consultations have been opened on the bill to capture the views of key implementers and duty bearers. The Bill will be submitted to the Minister of Finance, Planning and Economic Development as soon as the consultations are completed.

Monday, March 21, 2016