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Belgian legislator amends Continuity of Enterprises Act in an effort to limit potential abuse

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Mertens Thales
Thales Mertens

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Declerck Thomas
Thomas Declerck

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Brussels

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02 September 2013

On 27 May 2013, the Belgian legislator adopted a law to amend the Act of 31 January 2009 on the Continuity of Enterprises (Wet van 31 januari 2009 betreffende de continuïteit van ondernemingen/Loi du 31 janvier relative à la continuité des entreprises; the Continuity of Enterprises Act) as well as certain other provisions of the current insolvency legislation.

The law was published in the Belgian Official Gazette on 22 July 2013 and entered into force on 1 August 2013.