GOVERNMENT OF THE SLOVAK REPUBLIC APPROVED THE “NEW SPORTS ACT”

More transparent funding of sport, inflow of funds from the private sector, registration, transparency and control of funds via an information system, changes in the management of sports are the priorities addressed by the draft Sports Act in the context of new rules and obligations. The Government of the Slovak Republic approved the draft Sports Act at its meeting on 26 August 2015 and further discussions will take place in the Parliament.

The drafting of the new Sports Act by the working group entrusted with the drafting of the new Sports Act, whose member was also JUDr. Miroslav Hlivák, PhD., LLM, a partner at our law firm, united the representatives of various sports and the public, which could participate in the drafting until the end of the consultation procedure. Some topics remain open and will be further discussed by the working group to find an optimal solution. If the debates in the Parliament result in an agreement, the Act could enter into force as of 1 January 2016.