Belgium. Method(s) of calculating interest applicable to the court decision

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Belgium I. General information Interest Method(s) of calculating interest applicable to the court decision The government sets the statutory interest rate each year: In 2017, it stands at 2.25% for civil matters and 8% for commercial matters. The court can increase or lower the percentage. The parties may agree on an interest rate. For the first six months of 2017, the interest rate applicable in the event of late payment for commercial transactions amounted to 8% (Official Gazette, 30 January 2017). With regard to the statutory interest rate, it amounted to 2% for 2017 (Official Gazette, 27 January 2017 The court may derogate from this. Translations Persons qualified to do translations Sworn translators Judicial officers can certify translations. The statutory rate per translated page (officers deeds) in 2017 is 13.60 euros excluding VAT. Belgian notaries may only certify one copy of a translation carried out by a sworn translator. Need for a translation of the enforcement order? Yes, recommended 1

Conclusions of the final report of the project Comparative study on the application of European Regulation Brussels I bis Authentic Instruments Authority qualified to issue an authentic instrument Notary Authority competent to issue the certificate stated in Annex II of the Brussels l recast Regulation Notary II. Enforcement of court decisions and authentic instruments in europe Formalities Service of the decision, authentic instrument and certificate Administrative formality prior to the enforcement of the foreign court decision Person responsible for requesting the service of the enforcement title Competent person for service of documents No Creditor Judicial officer / independent professional Liability insurance of the service officer Terms of the liability of the person competent for service of documents Method(s) used to serve the enforcement order to the debtor Approximate timeframe between service of the certificate and the first enforcement measure Professional third party liability covered by specific cover By personal delivery, at their residence, by visa and electronic (Art. 32 quater and 33 to 38 of the Judicial Code) 20 days or more One day (Art. 1499 of the Judicial Code). In practice +/- 1 month. 2

Annexe Belgium Enforcement proceedings Service of the certificate at the same time as the foreign court decision? If not, for how long is the additional procedure extended? Competent enforcement officer Liability insurance of the enforcement officer Access by the enforcement officer to information on the defendant s assets. What information? Copy of the decision given to the enforcement officer? Possibility to obtain several copies of the decision or authentic instrument from the court of origin for the purposes of enforcement in several Member States Existence of provisional/ precautionary enforcement measures or injunctions Certificate served at the same time as the enforcement order if it is provisionally enforceable. Otherwise, service of the court judgment (non-enforceable), wait of a period of one month to obtain the certificate, which will then be served to the defendant. Possibility of serving the certificate at the same time as the order to pay, for the purposes of procedural efficiency. Judicial officer / independent professional Professional third party liability covered by specific cover limited to 5,000,000 euros. Information on motor vehicles (computerized), information on pay (soon to be computerized). Access to the centralized file of possession orders managed by the National Chamber of Belgian Judicial Officers. Access to the the buildings registration office (not computerized). Copy of the foreign judgment or the authenticated copy in the event that it relates to an authentic instrument, is sufficient. Yes Yes (see detail in IV)* s against movable property against immovable property Seizure of goods 3

Conclusions of the final report of the project Comparative study on the application of European Regulation Brussels I bis Refusal of enforcement Most frequently used enforcement measures Most frequently cited grounds for refusal to enforce Approximate time taken by court to rule on the application for refusal of enforcement of movable property (large majority), followed by the attachment of pay, attachment of bank accounts, attachment of real estate and, rarely, the attachment of transferable securities. Extremely rare cases 15 days III. Technical developments Enforcement orders issued by electronic Service by electronic Identification by electronic Electronic directories of notaries and Bailiffs Decisions ruled by the courts by electronic Authentic instruments issued by notaries by electronic Possibility of service by electronic Electronic signature of bailiffs Electronic identification of citizens Electronic identification of bailiffs Electronic identification of Notaries Existence of an electronic directory of Notaries Existence of an electronic directory of bailiffs Non-physical judgment only in the context of the Belgian procedure for the recovery of undisputed debts. No Yes, centralized by the National Chamber of Judicial Officers Yes, using an identity card (E-id) Electronic identity card (E-id) Electronic identity card Electronic identity card or e-not card https://www.notaire.be/ https://e-justice.europa.eu/ content_find_a_notary-335-fr.do https://www. huissiersdejustice.be/bailiff http://www.europe-eje.eu/ annuaire 4

Annexe Belgium IV. Examples of the interest calculation method s against movable property Article 1422 to 1428 of the Judicial Code Art. 1445 Judicial Code: By virtue of authentic or private orders, any creditor may garnish or attach, by judicial officer and as a protective measure, in the hands of a third party. the amounts and effects that it owes to its debtor. In the event that its debtor fails to act, the creditor may, in application of Article 1166 of the Civil Code, file the same legal proceedings. The attachment includes the text of Articles 1451 to 1456 and the warning to attached third parties must comply with these provisions. against immovable property Seizure of goods Articles 1429 to 1444 of the Judicial Code Art. 1461 Judicial Code: The owners and principal tenants of houses or rural property, whether they have a written or verbal lease, may, without the permission of the judge one day of the judgment, for outstanding rents, arrange for the attachment of the effects and profits which garnish the rented rented premises and land. for vessels and boats The effects of sub-farmers and sub-tenants garnishing the premises occupied by them, and the profits from the land that they sub-let, may also be distrained for rents owed by the tenant or tenant farmer to which they are attached; but this can be released pursuant to proof that they have paid without deception, and without being able to oppose payments made in advance. 1467 Judicial Code: The judge can enable the attachment before judgment of vessels and boats within the jurisdiction of the court. The attachment is void of the attaching party fails to produce guarantees by the set deadline, to which the judge may subordinate the authorisation that he grants. under a prior claim Art. 1462 Judicial Code. In the event that there is a prior claim of ownership, possession or holding of a movable item, the claimant may, pursuant to authorisation from the judge, attach this item under the control of any person. 5