Contract I

The Acquis Group pursues the objective of presenting the large and not throughout coherent patchwork of existing Community private law in the form of a restatement, the Acquis Principles (ACQP). These Principles reflect the current state of EC law in a structure, which allows to identify commonalities, contradictions and gaps in the Acquis.

Within the academic and political process of elaborating the Common Frame of Reference, the Acquis Principles for itself may function as a tool for the better understanding and improvement of EC private law. They are also intended to ensure that the existing EC law is appropriately reflected in the broader Common Frame of Reference which is currently under preparation by a network of research groups.

The Acquis Principles include:

- General rules formulated on the basis of existing EC law
- An accompanying commentary, outlining the foundations in the Acquis
- Definitions of core legal terms and a glossary on terminology