Finland court ruled a shovel transfer contract under installment payment law is a sale, not a lease.

The court of appeal in Vaasa determined that a shovel transfer contract formally structured as a lease agreement constituted a sale under the Installment Payment Act. The parties argued over the contract's legal classification, with the court relying on established precedent to interpret the transaction's substance. Consequently, the court held that the agreement was legally a sale rather than a lease, establishing the binding rule for future similar cases.