Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Bail definition

What does Bail mean? Bail is the release of a suspect or defendant from police or court custody, usually on conditions, while a criminal case is investigated, prosecuted or sentence is awaited. It keeps the person at liberty pending charge, trial, appeal or sentence, subject to a duty to surrender to custody and comply with any conditions. In England and Wales, bail is principally governed by the Bail Act 1976 and PACE 1984. There is a statutory presumption in favour of bail unless there is a substantial risk of failing to surrender, committing further offences, interfering with witnesses or otherwise perverting the course of...

Business-to-business equipment leasing and hire: legal framework, implied terms, finance v operating leases, sale and leaseback, fixtures, bailment, termination and insolvency restrictions, plus notes on consumer hire regulation

Published by a LexisNexis Commercial expert

Practice notes

This Practice Note summarises key contractual issues in B2B equipment leasing or hire—a simple hire or bailment of goods. It does not address hire purchase or consumer hire.

Introduction

Equipment leasing, also called equipment hire, refers to arrangements that constitute a simple hire or bailment of goods. Parties may choose to lease or hire assets to:

secure temporary access to equipment; or
use an alternative method of financing equipment purchases.

Typically, the lessor (supplier or owner) keeps title, and the lessee (hirer) gains the right to use the equipment, paying rentals or a hire fee under the agreed terms.

For relationships with multiple, separate transactions, a master lease is common, with each tranche set out in a separate lease schedule. In more complex deals—for example, where equipment is bespoke and/or business‑critical—the structure may involve multiple parties and/or...

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Web page updated on 21/05/2026

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