Pravo i porezi 5/2009

The author of the article presents the term and characteristics
of default interests and explains the difference
between default interests and contract interests,
contract penalties and the system of determination of
default interests. The article also explains the possibility
of contracting the rate of default interests, the method
of their calculation and the principal prohibition of converting
the calculated interests into the capital amount
(anatocysm).

Canon Law is an ecclesiastical law which contains the
rules regarding the spiritual, sacramental and social life
of the Church and its members. All the churches have
their church law, but this article deals with the canon
law of the Catholic Church. In the development of the
canon law the important differences between the Western
and Eastern Churches appeared in the 11th century
after the Great Church Division. Since then the canon
law of the Catholic Church has been developing.
The valid Code of Canon Law was passed on 25 January
1983 and became effective on 27 November 1983.
The Code consists of 1752 Canons and is divided into
seven books: Book I (General Norms - Can. 1 to 203);
Book II (The People of God – Can. 204 to 746); Book III
(The Teaching Function of the Church – Can. 747 to 833);
Book IV (Function of the Church – Can. 834 to 1253);
Book V (The Temporal Goods of the Church - Can. 1254
to 1310); Book VI (Sanctions in the Church - Can. 1311
to 1399); Book VII (Processes – Can. 1400 do 1752).

A businesss entity needs to obtain the receipt on the
minimum technical conditions for economic activities in
order to start performing the registered activities. In most
cases such activities comprise commerce, catering and
construction. In construction business the procedures of
obtaining all the documents from the authorities usually
last for a long period of time, frequently longer than the
deadlines determined by the specific rules of decision
making in the particular field of business. The consequence
of such a situation is giving up and cancellation
of the procedures, which results in illegal performance
of activities, increased unemployment rate and endangered
subsistence of the employees if the permission for
performance of the activities has not been obtained.