The long prepared and hotly debated law was passed a few days ago by the Lower chamber in its third reading without opposition and will most likely come into force on 1 July 2023.
As of 1 April 2023 there is an important change for employers in the registration of new and existing employees with temporary protection and in uninsured activities in the CSSA (Czech Social Security Administration, ČSSZ) register.
The last several months have seen a number of developments that may or will have an impact on the energy business. We have put together a quick overview for your convenience.
The amendment to the consumer law came into force on January 6th 2023. In practice, this means that a purchase contract concluded today is already subject to the amended consumer law.
On November 24, 2022 the Senate approved the draft amendment to the Energy Act introducing a 90% levy on excessive revenues for electricity producers with effect as of December 1, 2022.
On October 6, 2022 the European Council issued Regulation (EU) 2022/1854 stipulating the framework for a levy on excessive revenues from electricity sales. The individual member states are to determine the details regarding the Levy, including its final amount and the conditions under which it will apply to electricity.
On 01.11.2022, an amendment to the Labour Code comes into force in Slovakia, transposing EU directives on transparent and predictable working conditions in the EU and on work-life balance for parents and persons with caring responsibilities.
On October 1, 2022 an amendment to the Act on the Registration of Ultimate Beneficial Owners came into effect.
Several proposals for implementing regulations in the energy sector have been published in recent days:
The world has been experiencing various crises recently. From the Covid virus pandemic, to the war in Ukraine, to the energy crisis. If companies want to survive, they have to react to these crises, and they are not always successful in doing so. Can preventive restructuring help companies solve the financial problems caused by high energy prices?
On August 1, 2022, the President of the Czech Republic signed into law a new act amending the Energy Act and the Act on Promoted Energy Sources. The amendment will enter into force shortly, but the implementing regulations will be decisive in practice:
The Office for Personal Data Protection has published a control plan for 2022. The most talked about are controls of cookies on websites and the dissemination of unsolicited advertising. What exactly do businesses need to implement to avoid becoming the target of inspections and fines?