Payment Act
| Basic data | |
|---|---|
| Title: | Law on installment transactions |
| Short title: | Payment Act |
| Abbreviation: | AbzG |
| Type: | Federal law |
| Scope: | Federal Republic of Germany |
| Legal matter: | Private law , law of obligations |
| References : | 402-2 a. F. |
| Original version from: | May 16, 1894 ( RGBl. P. 450) |
| Entry into force on: | June 4, 1894 |
| New announcement from: | January 1, 1964 ( Federal Law Gazette III p. 33) |
| Last change by: |
Art. 9 No. 3 G of December 3, 1976 ( BGBl. I p. 3281, 3309 ) |
| Effective date of the last change: |
July 1, 1977 (Art. 12 para. 1 G of December 3, 1976) |
| Expiry: | January 1, 1991 (Art. 10 para. 1 G of December 17, 1990 , Federal Law Gazette I, pp. 2840, 2846 ) |
| Please note the note on the applicable legal version. | |
The Hire Purchase Act ( AbzG ), and Law on the installment sales was a law of 16 May 1894 and was prepared by the Consumer Credit Act repealed on 17 December 1990th It is changed under § 506 ff. BGB .
It regulated sales contracts for movable objects , in which the goods are handed over to the buyer before full payment has been made. Today it is regulated in laws on the purchase of finance and the regulations on deferred payment §§ 506 ff. BGB.
literature
- Herbert Klauss: Installment transactions , commentary on the law of May 16, 1894, Kohlhammer Stuttgart, Cologne, Mainz 1950.
Web links
Wikisource: Law Concerning Installment Transactions (1894) - Sources and full texts
