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leasing transaction

 

means any transaction, whatever its form may be, and whether or not it forms part of another transaction, by which--

a) a lessor leases movable property to a lessee; and
b) the amount which is owing or will be owed by a lessee to a lessor in connection with a transaction referred to in paragraph (a), is payable or will be payable after the date of the conclusion of the said transaction.