Kosovo recently adopted the Law on Leasing (Law No. 03/L-103), which was developed with support from Crimson Capital experts. The new leasing law defines terms and conditions for both financial and operational leasing agreements, and the rights and obligations of both the lessor and leasee including in cases of default, repossession and bankruptcy. The law designates the Central Bank of Kosovo as the competent body for licensing leasing activities in Kosovo.
To download a pdf version of the law click here.