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Can A equipment Lease Agreement Be Terminated Before A DN Is Issued?


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I have a piece of equipment on hire. I am going to be late my a week in paying my rental. I informed the company as they said it is the MD's decision on whether they can accept this.

 

Can they just terminate the agreement and remove the equipment (less than a 1/3 of the balance has been paid) or do they have to issue a DN giving me 14 days to remedy the breach (which I can do)?

 

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  • dx100uk changed the title to Can A equipment Lease Agreement Be Terminated Before A DN Is Issued?
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