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At the beginning of 2013, the Government of the Republic of Serbia adopted four new decrees in the energy sector: Decree on the conditions and procedure for obtaining the status of an eligible electricity producer; Decree on incentive measures for eligible electricity producers; Decree on the calculation and the manner of distribution of funds collected on the basis of incentives for eligible electricity producers; and Decree on the Special Incentives for 2013.... read more
In December 2012, the National Assembly adopted the Law on Deadlines for Fulfilment of Financial Obligations in Commercial Transactions (hereinafter the Law). ... read more
The Law on Public-Private Partnerships and Concessions ("Law on PPP") came into force on December 2, 2011 and replaced the old Law on Concessions. The Law on PPP defines public-private partnership ("PPP") as a long-term cooperation between public and private partners for the purpose of financing, construction, reconstruction, management or maintenance of infrastructure or other facilities of public interest or provision of services of public interest.... read more
The new Law on Enforcement and Securing of Claims became effective on 17.09.2011 ("Official Herald of the Republic of Serbia", No. 31/2011) (hereinafter the “Law on Enforcement”) governing the enforcement of claims (hereinafter: enforcement proceeding) and securing of claims. Until the effective date of the Law on Enforcement, the Law on Enforcement Proceeding had been regulating the matter ("Official Herald of the Republic of Serbia", No. 125/2004); however, all enforcement proceedings and securing of claims where the collection was initiated before the effective date of the Law on Enforcement will be finalized under the provisions of the Law on Enforcement. ... read more
The General Assembly of the Republic of Serbia has adopted a new Civil Procedure Law (hereinafter the Law), effective as of February 1, 2012 when it will replace the currently valid law. The Law will apply to all procedures that will commence after February 1, 2012 while all procedures initiated prior to this date will be completed in accordance with provisions of the currently valid law. ... read more
The new Company Law ("New Law") shall be effective as of February 1, 2012 when it will replace the currently valid Company Law 2004 and the Law on Private Entrepreneurs 1989.... read more
The Capital Market Law was enacted on May 17, 2011 and will become effective on November 17, 2011 (hereinafter the „Law“). The Law fully replaces the prior Law on Securities and Other Financial Instruments of 2006.... read more
On January 1, 2011, the new Law on Consumer Protection (the “New Law”) became effective and replaced the previous Law on Consumer Protection.... read more
The new Distribution Law (the “Law”) became effective as of January 1, 2011. ... read more
The new Rules on Content and Delivery of Plan of Measures for Remedy of Uneven Representation of Genders and Written Annual Report on its Implementation (“Rules”) came into force on December 7, 2010 and are implemented as of December 24, 2010.... read more
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Disclaimer
It should be understood that the above is a presentation of certain relevant provisions and the position under the Serbian Law, given without limitations as to any additions, prone to subsequent changes, and made on strict non-prejudice basis in respect of any decision taken or which may be taken by you, or your associates, at any time, on the basis, direct or implied, thereof. The above materials, in full and/or any part thereof, are provided for general information purposes only, given merely for the benefit of understanding and ease of appraisal, and do not constitute legal advice by Prica & Partners on any particular matter. Prica & Partners cannot assume responsibility for any loss which may arise from your use of the information contained above.