Transfer Act (Germany)
Basic data | |
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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