On 1 July 2021, comprehensive amendments to the Austrian
Execution Code (EO) will enter into force. They are the (tentative)
conclusion to the reforms of execution law which started with the
1991 Amendment to the Austrian Execution Code
(Exekutionsordnungsnovelle 1991).
The current amendment is designed to boost the efficiency of
execution proceedings to collect debts. The new (extended)
“execution package” aims to further reduce the
principle of speciality, according to which the creditor needs to
choose the remedy and object of execution in the application, and
to reduce the number of applications for execution.
(Extended) execution package
As a new feature, an application for execution that does not
explicitly name specific means of seizure will automatically
include seizure of chattels, seizure of wages/salaries, and the
creation of a list of assets. In doing so, the reform reflects
current practice while avoiding problems of boundaries between the
types of