64.91
Class
Financial leasing activities
SDMX: L6491
Class Level
4 Depth
0 Children
5 Siblings
📋 Official Classification Notes
✓ Includes
This class includes the activities of financial leasing, a contract under which the lessor as legal owner of an asset conveys the risks and benefits of ownership of the asset to the lessee. Under a financial lease, the lessor is deemed to make, to the lessee, a loan with which the lessee acquires all the economic benefits and risks of the lease. Thereafter, the leased asset is shown on the balance sheet of the lessee and not the lessor; the corresponding loan is shown as an asset of the lessor and a liability of the lessee.
+ Also Includes
This class also includes: - financial leasing of durable goods (e.g. vehicles)
✗ Excludes
This class excludes: - operating leasing, according to type of goods leased, see division 77
Frequently Confused With
Who is this code for?
Verified: SEMANTIC_SECTION_MATRIXChartered and certified accountants
SOC 2020:2421 Common titles: Accountant, Auditor
Finance and investment analysts and advisers
SOC 2020:2422 Common titles: Financial analyst, Investment advisor
Financial managers and directors
SOC 2020:1131 Common titles: Finance director, CFO
Related Occupations
Finance and investment analysts and advisersFinancial administrative occupations n.e.c.
Evidence: Representative SOC 2020 occupations for SIC Section K (Financial leasing activities).
In this section
Frequently confused with
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Data source: Office for National Statistics (ONS) —
UK SIC 2026
This is an independent reference resource and is not affiliated with the ONS or UK Government. Please verify critical information in official sources before making legal, financial, or business decisions.
This is an independent reference resource and is not affiliated with the ONS or UK Government. Please verify critical information in official sources before making legal, financial, or business decisions.