Consumer bills getting closer, but when?

"Consumer bills of exchange" we wrote about. here Getting closer and closer, but precisely when? The parliament passed the law at the third reading on 24.06.2021. However, on July 23, 2021. The Senate, which it only seemed was supposed to pass the bill, passed a resolution introducing its own amendments, which you can read about here.

We would like to remind you that according to Article 8 of the Law, "To bills of exchange issued before the date of entry into force of this Law, the existing provisions shall apply.".

We originally assumed that the regulations would come into force plus-minus mid-August 2021, currently the date is unknown, it should be assumed that this could take place in a period probably not earlier than the end of August, and no later than the beginning of autumn. You can follow the progress of the work here.

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