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                            8.1101 Definitions.
        
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FAC Number: 2024-03 Effective Date: 02/23/2024
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Subpart8.08.18.48.58.68.78.88.11
Section8.11008.11018.11028.11038.1104
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8.1101 Definitions.8.1101 Definitions.       As used in this subpart-          *Leasing* means the acquisition of motor vehicles, other than by purchase from private or commercial sources, and includes the synonyms "hire" and "rent."          *Motor vehicle* means an item of equipment, mounted on wheels and designed for highway and/or land use, that-(1) Derives power from a self-contained power unit; or                                                                     (2) Is designed to be towed by and used in conjunction with self-propelled equipment.    **Parent topic:**  Subpart 8.11 - Leasing of Motor Vehicles
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