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ARTICLE · 09 JUNE 2011

Sporting A New Act

Schoenherr (Schönherr Rechtsanwälte)
Schoenherr (Schönherr Rechtsanwälte)
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After a delay of several years, the Serbian Parliament adopted a new Sports Act ("Act") on 31 March 2011.

SerbiaGovernment, Public Sector
Vuk Vasiljević
Vuk Vasiljević
Srećko Vujavković
Srećko Vujavković
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After a delay of several years, the Serbian Parliament adopted a new Sports Act ("Act") on 31 March 2011.

The Act introduces a completely new legal framework relating to the organisation of sports in Serbia and regulates other sports-related fields/activities (institutional framework, education in sports, medical protection, awards for sporting achievements, the fight against doping and violence in sports, sports arbitration, etc).

Privatisation of sports organisations

As one of the most important (and controversial) items, the Act enables the transformation of socially-owned or state-owned capital in sports organisations into private capital, which was practically impossible under the previous legal framework. This essentially means that sports organisations (such as sports clubs) may be privatised. However, an investor (purchaser of capital in a sports organisation) cannot initiate the privatisation of a sports organisation.

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