LTH PRL Consumer Protection Law


On Jun. 20, LTH PRL amended the law on consumer protection.


  • LTH PRL published Law XIV-2749 of Jun. 13, 2024, amending art 40 of the Law I-657 on the protection of consumer rights, and supplementing the law with art 6-1.
  • Main Points
  • The amended law defines consumer rights, determines the institutional system of consumer rights protection, the competence of consumer rights protection institutions.
  • Regulates consumer education, the relationship between consumers and sellers, service providers, the procedure for the protection of consumer rights outside of court.
  • And the responsibility for legal acts regulating consumers rights protection, violations.
  • Law XIV-2749 added art 6-1 on rules re the extrajudicial recovery of debts arising from consumer contracts including procedure and content of notification sent to consumers.
  • Art 40 provides for rules on liability for violations of national and European legislation about the protection of consumer rights; its amendment updates the legal provisions.
  • Effectiveness
  • The law enters into force on Nov. 12, 2024; it applies to extrajudicial collection of debts from consumer contracts that arose after the date of entry into force of this law.
  • In Jul. 2024, LTH PRL amended the consumer rights protection law, see #220885.

Regulators LTH PRL
Entity Types CNSM; Corp
Reference OG 2024-11255, 6/20/2024; Law XIV-2749, 6/13/2024; Law I-657, 11/10/1994
Functions Advertising; Complaints; Compliance; Financial; Legal; Operations; Product Administration; Sales Practices; Treasury
Countries Lithuania
Category
State
Products Corporate
Regions EMEA
Rule Type Final
Rule Date 6/20/2024
Effective Date 11/12/2024
Rule Id 216743
Linked to Rule :220885
Reg. Last Update 6/20/2024
Report Section EU

Last substantive update on 06/25/2024