Transfer Act (Germany)
| Basic data | |
|---|---|
| Title: | Transfer Act |
| Abbreviation: | ÜG |
| Type: | Federal law |
| Scope: | Federal Republic of Germany |
| Legal matter: | Law of obligations |
| References : | 400-1, 400-2 |
| Issued on: | July 21, 1999 ( BGBl. I p. 1642 ) |
| Entry into force on: | August 14, 1999 |
| Please note the note on the applicable legal version. | |
The German Transfer Act (abbreviated ÜG ) of July 21, 1999 ( Federal Law Gazette I, p. 1642 ), which came into force on August 14, has inserted legal regulations on cashless payment transactions into the German Civil Code (BGB) .
There were regulations on:
- the transfer agreement,
- the payment contract and
- created the giro contract.
The new Section 675a of the German Civil Code (BGB) imposes information obligations (for example on fees ) on those who have made public commitments to conduct business, in particular credit institutions, for certain standard business transactions .
Art. 228 EGBGB was issued as a transitional provision.
Web links
Regulations added by the transfer law in the BGB on the sub-title agency contract:
- Section 675 BGB - Management of business against payment
- Section 675a BGB - Information requirements
- Sections 676a to 676c BGB - transfer agreement
- Sections 676d to 676e BGB - payment contract
- §§ 676f to 676h BGB - giro contract
