CHARTER EQUIPMENT LEASE 1999-1 LLC
15-15D, 2000-10-23
ASSET-BACKED SECURITIES
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 15

CERTIFICATION  AND NOTICE OF TERMINATION OF REGISTRATION  UNDER SECTION 12(g) OF
THE SECURITIES  EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER
SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.


                                                Commission File Number 333-64045


 CHARTER EQUIPMENT LEASE 1999-1 LLC (f/k/a Charter Equipment Lease 1998-1 LLC)
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

                   530 Fifth Avenue, New York, New York 10036
--------------------------------------------------------------------------------
  (Address, including zip code, and telephone number, including area code, of
                   registrant's principal executive offices)

Lease-Backed  Notes,  Class A-1;  Lease-Backed  Notes,  Class A-2;  Lease-Backed
Notes, Class A-3; Lease-Backed Notes, Class A-4; Lease-Backed Notes, Class B.
--------------------------------------------------------------------------------
            (Title of each class of securities covered by this Form)

                                      None
--------------------------------------------------------------------------------
  (Titles of all other classes of securities for which a duty to file reports
                     under section 13(a) or 15(d) remains)

     Please  place  an X in  the  box(es)  to  designate  the  appropriate  rule
provision(s) relied upon to terminate or suspend the duty to file reports:

  Rule 12g-4(a)(1)(i)    |_|              Rule 12h-3(b)(1)(i)    |X|
  Rule 12g-4(a)(1)(ii)   |_|              Rule 12h-3(b)(1)(ii)   |_|
  Rule 12g-4(a)(2)(i)    |_|              Rule 12h-3(b)(2)(i)    |_|
  Rule 12g-4(a)(2)(ii)   |_|              Rule 12h-3(b)(2)(ii)   |_|
                                          Rule 15d-6

     Approximate  number of holders of record as of the  certification or notice
date: 12


     Pursuant to the  requirements of the Securities  Exchange Act of 1934 (Name
of registrant as specified in charter) has caused this  certification/notice  to
be signed on its behalf by the undersigned duly authorized person.

Date: October 23, 2000                   By:  /s/ Gary Corr
                                              ---------------------

Instruction:  This  form is  required  by rules  12g-4,  12h-3  and 15d-6 of the
General Rules and  Regulations  under the  Securities  Exchange Act of 1934. The
registrant  shall file with the Commission three copies of Form 15, one of which
shall be manually signed.  It may be signed by an officer of the registrant,  by
counsel or by any other duly authorized person. The name and title of the person
signing the form shall be typed or printed under the signature

SEC 2069 (3/99)     POTENTIAL  PERSONS WHO ARE TO RESPOND TO THE  COLLECTION  OF
                    INFORMATION  CONTAINED  IN THIS  FORM  ARE NOT  REQUIRED  TO
                    RESPOND  UNLESS  THE FORM  DISPLAYS  A  CURRENTLY  VALID OMB
                    CONTROL NUMBER.




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