SECTION 107

The manager of a management lease scheme shall have the status of trader and shall be subject to all the obligations arising from such status. He shall comply with the regulations on registration in the Trade and Personal Property Rights Register. Any management lease scheme shall also be published within fifteen days following its date of signature in the form of an extract in a newspaper authorized to publish legal notices. Where the owner of the business is a trader, he shall be bound to have his registration in the Trade and Personal Property Rights Register modified to show that his business is under a management lease scheme. The expiry of the term of the management lease scheme or its early termination shall give rise to the same publicity obligations.