Einde inhoudsopgave
Draft Common Frame of Reference
IX. — 2:307 Use of encumbered goods for production or combination
Geldend
Geldend vanaf 01-01-2009
- Redactionele toelichting
De dag van de datum van afkondiging is gezet op 01. De datum van inwerkingtreding is de datum van afkondiging.
- Bronpublicatie:
01-01-2009, Internet 2009, ec.europa.eu (uitgifte: 01-01-2009, kamerstukken/regelingnummer: -)
- Inwerkingtreding
01-01-2009
- Bronpublicatie inwerkingtreding:
01-01-2009, Internet 2009, ec.europa.eu (uitgifte: 01-01-2009, kamerstukken/regelingnummer: -)
- Vakgebied(en)
Civiel recht algemeen (V)
EU-recht / Bijzondere onderwerpen
Internationaal privaatrecht / Algemeen
(1)
Where encumbered materials owned by the security provider are used for the production of new goods, the secured creditor's security right may be extended by party agreement:
- (a)
to the products; and
- (b)
to the right to payment to which the security provider as former owner of the material is entitled by virtue of the production against the producer according to VIII. — 5:201 (Production).
(2)
The preceding paragraph applies accordingly if goods are combined in such a way that separation would be impossible or economically unreasonable for the purposes of VIII. — 5:203 (Combination).
(3)
The issue whether a former owner of material other than the holder of a retention of ownership device acquires a security right by operation of law as the result of production or combination involving the material, and the effectiveness and priority of this security right are governed by Book VIII, Chapter 5. If these security rights are created by party agreement, they are subject to the provisions of Book IX, but enjoy super-priority according to VIII. — 5:204 (Additional provisions as to proprietary security rights) paragraph (3).
(4)
In the case of paragraph (1)(b), the right of the secured creditor, as the former holder of an encumbrance in the material, extends to the security rights mentioned in paragraph (3).