Abstract
AbstractThe new Belgian Pledge Act of 11th July 2013 changes in a fundamental way the Belgian Civil Code as to security rights over movables. It contains a complete modernization of the legal framework regarding security rights over movables including the retention of title and the legal lien. The most important innovation is the possibility of a pledge over movable goods without dispossession of the pledger. It is expected that the new provisions will enter into force in 2015 when the new pledge register will be operational. The paper examines this reform from a comparative perspective against the background of legal harmonization in Europe.
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