Notaries will submit property records

The government has prepared changes to the law on notaries based on which assets will be reported to the KAS
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ASK, Photo: Profimedia
ASK, Photo: Profimedia
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.
Ažurirano: 29.10.2018. 16:34h

Notaries will have to submit reports to the Agency for the Prevention of Corruption (ASK) on their assets and income, as well as the assets and income of married and non-marital spouses and children living in a joint household in accordance with the law governing the prevention of corruption.

This novelty is foreseen by amendments to the law on notaries, which, at the proposal of the Government, entered the parliamentary procedure. In the explanation of that legal act, the executive power explained that there is no regulation from the European Union with which the newspaper had to be harmonized in the amendments to the law on notaries.

It is also a novelty that drawing up a notarial deed contrary to the provisions of a special law regulating the issues, relationships and rules that are the subject of a notarial deed qualifies as a serious breach of notarial duty. The changes were also made due to the need to harmonize the law on notaries with the law regulating the certification of signatures, manuscripts and transcripts.

"The law regulating the certification of signatures, manuscripts and transcripts prescribes the same method of certification for the court, the local government body responsible for certification and notary, i.e. for all three legal entities that carry out certification", it is written in the explanation of the proposed law.

As explained, the Ministry of Justice, led by Minister Zoran Pažin, did not hold a public hearing in the process of preparing the proposal for amendments to the law on notaries because the scope of the amendments is such that they do not violate the basic concept of the law.

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