EN
The aim and purpose of this contribution is to inform the reader about the specificities the parties to legal relations must deal with when establishing, creating and exercising the lien on the enterprise. The Slovak legislation is sufficiently flexible and provides a wide field for contractual autonomy of the parties with respect to the means of the exercise of the lien. While in the laws of developed countries this institute has a long tradition, under the Slovak law the lien on the enterprise can be established from 1 January 2003, when the amending act to the Civil Code entered into force and significantly affected the whole legal regulation of the lien in Slovak private law. The amending act is based on the Model Law on Secured Transactions developed by the European Bank for Reconstruction and Development.