Legal tip 478. Why Law 57/68 has not been enforced?
Wednesday, March 16, 2011 @ 11:41 AM
Today on the forum:
Law 57/68 has not been fully invoked by Lawyers in Spanish Courts till very recently, that´s why it has not been fully enforced.
This lack of invoking/enforcing has been due, in our opinion, to several different reasons:
1) Lack of proper understanding of the Law, somehow motivated by its lack of clearity and precision, or due to a poor posterior development of the same.
2) Lack of the circumnstances that made it invokable.
3) Lack of serious understanding of the need for putting external, pro-consumers limits to Banks´ acts and decissions. An oversupremacy of financial markets.
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Boat in Tarifa Port, Cadiz, Costa de la Luz, Spain by Gmonterofv at Flickr.com