Part II City of Cookie (The council) has entered into a five-year contract with Fleet Ltd, under which Fleet Ltd supplies the council with ten vehicles for the purposes of community transport. Fleet Ltd owns the relevant vehicle, all ten of which are specified in the contract. The council determines the routes taken for community transport and the charges and eligibility for discounts. The council can choose to use the vehicles for purposes other than community transport. When the vehicles are not being used, they are kept at the council's offices and cannot be retrieved by Fleet Ltd unless the council defaults on payment. If a vehicle needs to be serviced or repaired. Fleet Ltd is obliged to provide a temporary replacement vehicle of the same type. Required: In accordance to IFRS16 / AASB 16 Leases, identify whether the contract between City of Cookie and Fleet Ltd contain a lease. (4 marks)