Last update 15/05/2019
Does the customer have the right to operate the asset throughout the period of use, without the supplier having the right to change those operating instructions?
Consideration: The customer has the right to operate the asset (or to direct others to operate the asset in a manner that it determines) throughout the period of use, without the supplier having the right to change those operating instructions.
| This is part of the walk through decision model that may assit in determining if a contract contains a lease within the scope of IFRS 16 Leases, go back to this page to start the decision model correctly. |
