Assignment
Assignment
This chapter considers how an assignment is effected under the Principles of European Contract Law (PECL), and evaluates its consequences and the extent to which the divergence between systems based on notice and those that do not require it is resolved. It compares assignment under PECL with those under Scots and South African laws, and explains its practical utility and theoretical nature. The chapter also discusses the obligatory and proprietary aspects of assignment under the PECL.
Keywords: assignment, PECL, Scots law, South African law, obligatory aspect, proprietary aspect
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