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ferently from the Law No. 4077. Pursuant to Article 5 of the

Regulation, the goods, which do not provide the security that the con-

sumers expect when taking into consideration launching to the market,

reasonable usage and the time of launching to the market of the good

and similar aspects, are defective goods. On the other hand, it is

expressly regulated that a good shall not be deemed defective based

solely on the fact that a more developed and higher quality good is

launched to the market.

Pursuant to article 6 of the Regulation entitled “Liability”, if a per-

son dies or gets injured or a property is damaged due to a defective

good, the producer-manufacturer shall be obliged to compensate such

damage without the need to prove negligence.

Pursuant to Article 6 of the Regulation, in the event that more than

one person is responsible for the damages caused by the defective

good, such persons shall be held jointly responsible as stated in the

Law No. 4077. However, if the damage is caused by the consumer or

a third person under the responsibility of the consumer, then the man-

ufacturer or the producer’s liability may be mitigated or absolved tak-

ing into consideration all circumstances.

Article 8 entitled as “Disclaimer” states that any provisions in the

agreement or any other document stating that the consumer waives its

rights under the Regulation or limiting or removing the producer’s/

manufacturer’s obligations under the Regulation shall be deemed void.

Conclusion

Law No. 4077 and the Regulation defines what a defective good is.

The consumer shall notify the seller of the defect within thirty days fol-

lowing the date of delivery of the good. The Law No. 4077 regulates

the elective rights of the consumer. In addition to such rights, the con-

sumer is entitled to claim indemnity, in the event that the defective

good causes death and/or injury and/or harm to other properties.

Persons responsible for defective goods are regulated under the law

and joint responsibility is foreseen.

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NEWSLETTER 2012