title: Pecuniary performance in Polish law
metadata.name: dc.contributor.author
metadata.value: Pyrzyńska, Agnieszka
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2022-06-28T19:06:07Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2022-06-28T19:06:07Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2021-06
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Pyrzyńska, Agnieszka. 2021. Pecuniary performance in Polish law. Pravovedenie 65 (2): 205–220.
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu25.2021.205
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/36998
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: The article aims to describe the institution of pecuniary performance in the Polish civil law system,
  taking into account EU regulations and case law of the Polish Supreme Court. Due to its
  importance for civil law transactions, pecuniary performance is regulated separately both at
  the level of general and specific regulations. These regulations are contained in the Civil Code
  and special laws, including those relating to bank agreements. In particular, the Act recognizes
  nominalism as the basic principle for providing pecuniary performance in the strictest sense,
  introduces the possibility of judicial and contractual valorization of such performance and regulates
  the principles for providing pecuniary performances, including those expressed in foreign
  currency. The Act also regulates the institution of interest. This applies, in particular, to the title
  to collect interest, types of interest (ordinary interest; interest for default, including interest for
  delay in commercial transactions), the amount of interest (including interest specified by the
  Act if the amount of interest is not otherwise specified), together with the determination of a
  maximum amount (maximum interest, maximum interest for delay) and the prohibition of anatocism
  (compound interest), including exceptions to the prohibition. In some cases, however, the
  statutory regulation turns out to be incomplete, unclear or not in line with the current situation
  in civil law transactions. For these reasons, courts face the challenge of resolving a dispute on
  the basis of general regulations, including those concerning the rules of fulfilling the obligation.
  This applies, in particular, to the issue of the statute of limitations regarding claims for interest,
  changes in the amount of interest during the term of the obligation and the effectiveness or the
  rules of performance of loan agreements denominated or indexed to a currency other than the
  Polish currency, concluded before 21 July 2017.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Pravovedenie;Volume 65; Issue 2
metadata.lang: -
metadata.name: dc.subject
metadata.value: pecuniary performance
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: sum of money
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: currency of pecuniary performance
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: principle of nominalism
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: valorization of pecuniary performance
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: satisfaction of pecuniary performance
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: pecuniary obligation
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: interest
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Pecuniary performance in Polish law
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 13332-Article Text-43234-1-10-20220415.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/36998/1/13332-Article%20Text-43234-1-10-20220415.pdf
resources.format: Adobe PDF
resources.size: 808,53 kB