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Party Autonomy in International Property Law - Peace Palace Library

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8. European Conflict Rules for the Mutual Recognition of Security Rights <strong>in</strong> Goods<br />

8.6. Postscript<br />

Directive 2000 / 35 / ​EC of 29 June 2000 has just been replaced by a new<br />

version: Directive 2011 / 7 / ​EU of 16 February 2011 on combat<strong>in</strong>g late<br />

payment <strong>in</strong> commercial transactions (O.J.EU. 2011 L 48, p. 1) As far as<br />

the recognition of retentions of title created <strong>in</strong> another Member State is<br />

concerned, all relevant texts of the former Directive have been reta<strong>in</strong>ed.<br />

Merely the number<strong>in</strong>g of the provisions has been changed: The def<strong>in</strong>ition<br />

of retention of title is now conta<strong>in</strong>ed <strong>in</strong> art. 2 no. 9; the rule on recognition<br />

is now conta<strong>in</strong>ed <strong>in</strong> art. 9 para. (1); and the explanation is to be<br />

found <strong>in</strong> no. 31 of the considerations.<br />

Ulrich Drobnig<br />

185<br />

© sellier. european law publishers<br />

www.sellier.de

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