22 CFR 228.18 – Long-term leases
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Any commodity obtained under a long-term lease agreement as defined in § 228.01, including motor vehicles, is subject to the source and nationality requirements of this subpart B of this part, including the special procurement rules as set forth in § 228.19.
Terms Used In 22 CFR 228.18
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- source: means the country from which the commodity was shipped to the free port or bonded warehouse. See 22 CFR 228.01
