Arrêté ministériel du 6 mars 2023 autorisant Absa Bank Limited, dont le siège social est à Johannesburg (Afrique du Sud), à se faire consentir des gages sur fonds de commerce. | http://data.legilux.public.lu/eli/etat/adm/amin/2023/03/06/b809/jo — Luxembourg law | Esheria

Arrêté ministériel du 6 mars 2023 autorisant Absa Bank Limited, dont le siège social est à Johannesburg (Afrique du Sud), à se faire consentir des gages sur fonds de commerce.

The Minister of Finance issues an order authorizing Absa Bank Limited to obtain pledges over business assets (fonds de commerce).

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Luxembourg
Instrument
Order
Citation
http://data.legilux.public.lu/eli/etat/adm/amin/2023/03/06/b809/jo
Status
In force
Version
Undated source snapshot
Language
fr
Updated
Official source
View official record ↗
banking business assets interest caps loan terms official publication pledges security interests

Statute overview

About this statute

The Minister of Finance issues an order authorizing Absa Bank Limited to obtain pledges over business assets (fonds de commerce). Absa Bank Limited is allowed to have pledges on business assets, subject to the conditions in article 2. Interest on foreign-currency and EUR loans is capped, and a penalty clause that worsens the debtor’s position for late repayment is prohibited. This article says the order will be published in the Official Journal of Luxembourg.