The lessor shall have a lien on the assets stocked in the leased premises.
In addition to securing any compensation the creditor may be awarded, the privilege also secures his rents overdue for twelve months prior to the distraint and those for the twelve months to fall due thereafter.
The lease holder or whosoever by fraudulent means shall deprive the lessor of all or any part of his preferential rights shall be prosecuted under the national laws of the State Party.
Where the assets are relocated without his consent, the lessor may again proceed to have them distrained and so retain his lien on them where the said lien is declared in the distress warrant.
Official translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 43
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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