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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IFRS 16
Hi sir,
E.g The lessee had recoginsed right of use.the legal tittle is with the lesse or lessor?Who has the right to sell the asset.
Thank you.
Legal title normally with lessor. Lessor has right to sell subject to terms of what has been agreed with lessee.
