Civil Code Amendment: Flexible Investor Objection Period.
The draft law allows parties to a construction contract to agree on a shorter period for the investor to object to a subcontractor than the statutory 30 days. The change aims to make the investment process more flexible and faster. A safeguard is also introduced ensuring the objection term in the subcontractor agreement cannot be shorter than in the main contract.
Key points
Possibility to contractually shorten the 30-day period for investor objection regarding a subcontractor.
The objection period in the subcontractor agreement cannot be shorter than the term in the investor-contractor agreement.
The investor is jointly liable for payment unless they object within the specified timeframe.
59%
VOTING RESULTS
2025-09-12
For
250
Against
173
Abstain
0
Status:
Enacted
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