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Can an extension be granted for submitting a capital lease for registration beyond the 4-month deadline?

April 26, 2017Capital Deadline extension GRANTED lease registration

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Can an extension be granted for submitting a capital lease for registration beyond the 4-month deadline?

1 Answer

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Yes. The 4-month registration deadline can be extended to a maximum of 6 months from the date the lease is entered into, if the lessor has inadvertently missed the deadline and provides a written explanation. Reference: Reg., Sec.