Clifford Chance

Register of Contracts – Penalties for failure to disclose a contract in the Register of Contracts

22 June 2017

The provisions of Act No. 340/2015 Sb., on the Register of Contracts, governing the legal consequences of the (non-)disclosure of contracts and related penalties, will come into effect on 1 July 2017. All contracts for which disclosure in the Register is mandatory will only become effective upon their disclosure and any such contracts not disclosed in the Register will be treated as invalid from the outset.

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