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Clifford Chance

Clifford Chance


Polish laws on banking enforcement titles ruled unconstitutional

17 April 2015

On 14 April 2015, the Polish Constitutional Tribunal issued a judgment in which it held that banking legislation on banking enforcement titles (Art. 96 sec. 1 and Art. 97 sec. 1 of the Banking Act of 29 August 1997 (consolidated text: Journal of Laws of 2015, item 128, as amended) (the "Challenged Laws")), are contrary to the Constitution of the Republic of Poland. The Challenged Laws will be repealed as of 1 August 2016.

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