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InstructionsPrintClearNovated Lease Application To: Toyota Fleet ManagementConsultantNovated Leasing Centric renting, buying or boarding, specify the following details:APPLICANTS PERSONAL DETAILSName

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What is novated lease application?

A novated lease application is a process where an employee leases a vehicle through their employer using a novation agreement.

Who is required to file novated lease application?

Employees who wish to lease a vehicle through their employer using a novation agreement are required to file a novated lease application.

How to fill out novated lease application?

To fill out a novated lease application, the employee must provide personal and vehicle information, as well as details of the novation agreement between the employer, employee, and leasing company.

What is the purpose of novated lease application?

The purpose of a novated lease application is to facilitate the leasing of a vehicle through an employer using a novation agreement, allowing the employee to make pre-tax payments for the lease.

What information must be reported on novated lease application?

On a novated lease application, information such as personal details of the employee, vehicle details, novation agreement terms, and payment arrangements must be reported.

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