https://www.fao.org/faolex/results/details/en/c/LEX-FAOC013932

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English

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LEX-FAOC013932

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This Act makes provision for liens and mortgages in relation to immovable property. The sections of this Act are divided into 7 Chapters: General provisions (I); Contractually agreed security on real property (II); Security on movables (liens on equipment in economic operations; liens on goods in warehouses; Sales-related liens) (III); Agreed liens on valuables (IV); Outlay liens (utlegg) (V); Security established pursuant to law (VI); Entry into force, transitional provision, modification and repeal of Acts (VII).Chapter II contains rules relative to the establishment of mortgages. Security may be established pursuant to law for purposes of tax collection. Section 10 concerns liens on fishing gear. Chapter II contains rules relative to the establishment of mortgages. Security may be established pursuant to law for purposes of tax collection. Section 10 concerns liens on fishing gear.

Implemented by: Decree to implement the Act relative to pledges and mortgages. (2000-07-07)

Legislation