If the lesseeassigns the leasetogether with the tangible and intangible fixed asseets related to the enterprise conductedin the leased premises, the lessor shall proceed with the assignment.
Ifthelesseeassigns only the leasehold, aloneorwithonly partofthe tangible and intangible fixed asseets related to the enterprise conducted in the leased premisesthe assignment shall be subject to the agreement of the lessor.
Anyassignment of the lease should be communicated to the lessor by a bailiff’s writ ora notification sent byany mean ensuring actual receipt by addressee, stating:
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the full identity of the assignee;
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hisaddress;
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And,as thecase may be,his registration number in theRegister of Commerce and Securities.
Unofficial translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 42
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
How Lex Cameroon marks its texts →
Section 118 of the Acte uniforme révisé portant sur le droit commercial général/akn/ohada/act/loi/2010-12-15/audcg-2010
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