Literatura prawnicza

  • Informacje o literaturze prawniczej
    • Państwo członkowskie: Polska
    • Tytuł: Elimination of the abusive indexation clause from a Swiss franc indexed credit agreement
    • Podtytuł:
    • Rodzaj: Article
    • URL:
    • Autor: SZYMAŃSKI, M.
    • Odniesienie: Eliminacja abuzywnej klauzuli waloryzacyjnej umowy kredytu indeksowanego do franka szwajcarskiego. Monitor Prawniczy Nr.2.
    • Rok publikacji: 2020
    • Słowa kluczowe: credit agreement, unfair terms
  • Artykuły dyrektywy
    Unfair Contract Terms Directive, Article 3 Unfair Contract Terms Directive, Article 4
  • Uwaga główna

    The gloss to the Supreme Court judgements of 4 April 2019, III CSK 159/17, Legalis, and of 9 May 2019, I CSK 242/18, Legalis, in which the Court took a uniform position as regards: 1) the characteristics of the legal construction of a foreign currency exchange rate indexed credit agreement, 2) the prerequisites justifying for recognising the indexation clause included in such an agreement as impermissible within the meaning of Art. 3851 § 1 of the Civil Code and, 3) the consequences of eliminating such provisions from the agreement. In both of the abovementioned judgements, the Court rightly found that a foreign currency exchange rate indexed credit agreement is in fact a credit granted in the Polish currency with a provision relating the amount of payment made by the borrower in the Polish currency to the foreign currency rate of exchange. In this case, the indexation clause is an element of the agreement which affects the amount to be paid by the borrower. One should also approve of the Court’s position that the indexation clause which does not specify the manner in which the indexation currency rate is to be determined and leaves this matter to the discretion of the bank is in fact an impermissible clause within the meaning of Art. 3851 § 1. The Court also convincingly explained why elimination of the abusive indexation clause from a credit agreement does not invalidate the entire agreement, which continues to be binding with unchanged interest rate, though without the indexation mechanism.

    The Supreme Court’s only doubts are in relation to the indexation clause specifying main performances of the parties even though within the legal construction of an indexed credit agreement that clause merely modifies the amount to be paid by the borrower, which may be determined also when the indexation clause turns out to be abusive and therefore ineffective.

  • Uwaga ogólna
  • Powiązane sprawy

    Brak wyników