The Amendment to the Act on the Register of Contracts - Interpretative Issues of the So Called Business Exemption

Abstract

The paper deals with the amendment to the Act on the Register of Contracts implemented by the Act No. 249/2017 Coll. which has responded to the criticism of inconsistency of the previous wording of the act which did not sufficiently reflect the specific position of publicly owned companies. The author discusses the interpretative issues of the new exemption for contracts concluded in the ordinary course of business.

Keywords

• Act on the Register of Contracts
• business exemption
• interpretative issues
• business corporation
• company