This ED proposes new requirements for lease accounting aligned with IFRS 16, Leases to replace IPSAS 13, Leases. In developing ED 75, the IPSASB considered the public sector applicability of the principles drawn from IFRS 16, as well as the comments received on ED 64, Leases. ED 75 proposes an IFRS 16 aligned accounting model and principles for lessees and lessors.