Employers Union: New Civil Code Reflects Current Needs of Business Environment

Bratislava, 29 October (TASR) - It is important for the business sector that the new Civil Code is based on a principle that supports business freedoms, decision-making of contracting parties and free will, Republican Union of Employers (RUZ) vice-chair Robert Spisak stated at a press conference on Wednesday, adding that RUZ welcomes the recodification of the Civil Code, which reflects the current needs of society and the business environment. Spisak pointed out that entrepreneurs have long called for a clear, stable and predictable legal environment that respects contractual freedom and entrepreneurial initiatives. "We therefore welcome the fact that the recodification aims to modernise civil law in a way that reflects the current needs of both society and the business environment. At the same time, we consider it to be extremely important that a high degree of autonomy of the will of the parties is preserved, as this is the basis for the fair functioning of a market economy," said the RUZ vice-chair. The Republican Union of Employers sees the ongoing recodification of the Civil Code as a historic opportunity to fundamentally improve the legal framework for business in Slovakia. According to Spisak, the fact that business life is constantly bringing new realities related, for example, to digitisation, creates room for new legislation. The RUZ vice-president also called on the business and general public to take advantage of the inter-ministerial comment procedure, in which the draft of the new Civil Code currently is. According to him, now is the opportunity to influence how the final form of the new legislation will look like. am