HEUSSEN is an independent, Amsterdam based Dutch law firm. HEUSSEN has a strong international focus and closely co-operates with HEUSSEN Rechtsanwaltsgesellschaft mbH, one of Germany’s biggest independent law firms, with offices in Berlin, Frankfurt, München, Stuttgart, Brussels and New York and with HEUSSEN ITALIA with its offices in Conegliano, Milan and Rome.
HEUSSEN renders legal services at the highest quality standard. We strongly believe in a multi-disciplinary, result oriented practical approach and do not merely focus on the legal issues. We favour a personal approach, aimed at the needs and desires of our clients. The leading lawyers guide Legal500 (www.legal500.com) recommends HEUSSEN for Corporate and M&A as well as for Employment.
We invite you to become more acquainted with us at the following pages.
Discontinuation of salary payments in respect of a partially ill employee
Article 7:629 paragraph 1 of the Dutch Civil Code ("DCC") provides that in the event of incapacity for work due to illness, an employer is under the obligation to continue to pay at least 70% of the last-earned salary (up to a maximum of 70% of the maximum daily wage) during the first 104 weeks of illness. Article 7:629 paragraph 3 DCC contains a number of exceptions to this rule. According to article 7:629 paragraph 3 section c DCC an employee does not have the right referred to in article 7:629 paragraph 1 DCC (i.e. the right to continued payment during illness) in respect of the period during which, although able to do so, he does not without valid reason perform suitable work in the context of re-integration for which the employer gives him the opportunity.
UCITS V is a fact – New requirements for UCITS
The European UCITS IV Directive is a fact. The final version of the UCITS V Directive (2014/91/EU) is published on 28 August 202014 in the Official Journal of the European Union. The UCITS V Directive will enter into effect on 17 September 2014. The EU Member States will have until 18 March 2016 to implement the UCITS V requirements in their national regulation. From 18 March 2016 a transaction period will commence. UCITS depositaries will have 24 months from 18 March 2016 on to comply with the new regulation.
Work and Social Security Act (ʺWet Werk en Zekerheidʺ)
The new Bill containing some fundamental changes to the current Dutch Employment Law system is currently being reviewed by the Upper House of the Dutch Parliament. On 3 June 2014, the Upper House discussed the new Bill and today the Upper House passed the new Bill. In respect of a number of amendments as mentioned in our article on our website dated April 2014, the original intention of the Government was that these would become law on 1 July 2014.
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