Amendments for leasing law

Emergency Ordinance 51 on leasing operations could be modified by the end of the year so as to include computer programmes on the list of products possible to buy through this system. “Software purchasing is deprived of its best and easiest to use financing system – the leasing. We hope to see Ordinance 51 modified by yearend so as to allow buying software through this system. We would like this modification made by an ordinance and not by a law to be debated by Parliament, because the sooner it happens the better,” said Florin Talpes, chairman of the National Association of Software and Service Industry, which has lobbied for a change in legislation. Introducing computer programmes on the list of products possible to buy through leasing is also supported by the leasing companies, as explained by Cristian Mateescu, general secretary of the National Union of Leasing Companies in Romania (UNSLR). UNSLR representatives say the Finance Ministry expects to be shown a series of modifications to the leasing law, which will be included in the Fiscal Code, with a first round of talks on this issue scheduled for next week. ZF