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The New Proposal of the Hungarian Civil Code was submitted to the Parliament by the Government on 11 July, 2012. Reviewing the provisions on prescription and terms of preclusion, it attempts to harmonize the current judicial practice, the international background and the legal tradition of the Hungarian civil law with the effective legal regulation. The present paper reviews the changes in the provisions related to prescription and preclusive terms, and investigates whether the internal coherence of the provisions has been achieved. The paper surveys provisions on prescription of the Draft Common Frame of Reference and the Convention on the Limitation Period in the International Sale of Goods

zbornik radova - pravni fakultet u novom sadu/zbornik radova

The time limits for enforcing claims and exercising rights: Preclusive terms and periods of limitation in the light of the proposal of the new Hungarian Civil Code