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Federation of Bosnia and Herzegovina: Conference dealing with the new Property Law

Published: July 9, 2014

In early March 2014, the new Act relating to rights in rem has entered into effect in the Federation of Bosnia and Herzegovina, introducing, inter alia, the land charge along German lines. The Act furthermore removes many relicts from Socialism, which are replaced by regulations along German and/or Austrian lines. Two days after this Act had entered into effect on 7 March 2014, the IRZ organised the conference "The New Property Law in the Federation of Bosnia and Herzegovina" in cooperation with the Law Faculty of the University of Sarajevo and the Regional Austrian Cooperation Office in Science and Culture. This conference covered in particular the German, Austrian and Croatian experience with the new legal institutions of the Federation of Bosnia and Herzegovina. The international speakers were Andreas Luckow of Verband Deutscher Pfandbriefbanken in Berlin, Professor Dr. Tatjana Josipovic of the Law Faculty of the University of Zagreb and University Professor Mag. phil. Mag. Dr. iur. Tomislav Boric of the Law Faculty of the Karl Franzens University of Graz. Furthermore, the Director of the Open Regional Funds for South-East Europe, Legal Reform of GIZ, Mr Christian Athenstädt, gave an overview of the counselling given by his organisation in Bosnia and Herzegovina on the reform of the commercial law, in particular property law.

The representative of the German Embassy, Mr Christian Reissmueller, highlighted the good cooperation of different German organisations with their Austrian counterparts in his address. After all, this shows the high significance which these organisations attach to the setting-up of a system governed by the rule of law in the country. All speakers emphasised the importance of the Act, however, they also pointed out that this Act should have been adopted years before. The event which also generated broad media coverage is another milestone in the long-standing successful cooperation between the IRZ and the Law Faculty of Sarajevo.