Revision of the European Small Claims Procedure published in Official Journal
Regulation (EU) 2015/2421 of the European Parliament and of the Council of 16 December 2015 amends:
- Regulation (EC) No 861/2007 establishing a European Small Claims Procedure
- Regulation (EC) No 1896/2006 creating a European order for payment procedure has been published in the Official Journal on 24 December 2015
The new regulation extends the scope of the European Small Claims Procedure on claims up to EUR 5.000 in value. The changes will make the European Small Claims Procedure a faster and cheaper tool for enforcement of consumer rights and for a cross-border debt recovery for Small and Medium Enterprises.
The Regulation will enter into force on 14 July 2017.