Scope

  1. Any asset to be consigned pursuant to a law, a regulation, a judicial or administrative decision must be consigned to the Consignment Office, in accordance with the provisions of the afore-mentioned law, notwithstanding any previous legal or regulatory provisions.

  2. Any asset to be consigned voluntarily by a debtor to fulfill his obligation with respect to a creditor may be consigned to the Consignment office with discharging effect for the debtor, in accordance with the provisions of the aforementioned law, when the consignment takes place on the basis of articles 1257 to 1263 or 1264 of the Civil Code or when the debtor, without fault on his part, cannot be securely relieved of his obligation for reasons relating to the creditor.

  3. The 29 April 1999 law on consignments to the State also applies to consignments made by the State.

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