Yesterday, an updated proposal regarding the new Book 7 on specific contracts was submitted to the Belgian Federal Parliament. Following a public consultation in October, the proposal has undergone significant changes.

A notable change is the proposed amendment of article 5.80 of the Civil Code (in Book 5 of the Civil Code, which already entered into force on 1 January 2023). According to the proposed amendment, risk will no longer pass upon the transfer of ownership, but rather upon delivery.

A sincere thank you to Bernard Tilleman, co-chair of the commission, who delivered an insightful presentation on this topic at our ‘Knipperlichten’ seminar yesterday.

👉 Stay tuned for more updates on developments in the Civil Code.

👉 𝐀𝐧𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬? Please feel free to reach out to our partners Milena Varga or Bart Bellen, or your usual contact at contrast - European & Business Law.

Check out our LinkedIn page to read the bill.

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