Common Contracts

NOVATED MOTOR VEHICLE LEASES: BACKGROUND MATERIAL

Novated Motor Vehicle Lease • May 5th, 2020 • New South Wales

• Contract Type
  Novated Motor Vehicle Lease
• Filed
  May 5th, 2020
• Jurisdiction
  New South Wales

A novated motor vehicle lease is a three way arrangement entered into between a finance company, an officer and an employer under which the employer leases a vehicle and provides it to the officer as a car fringe benefit for 100% private usage.