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Scandinavian law, also known as Nordic law, [1] is the law of the five Nordic countries, namely Denmark, Finland, Iceland, Norway and Sweden. It is generally regarded as a subgroup of civil law or as an individual legal body in itself.
The Parliament Act (Swedish: Riksdagsordningen) is usually considered to be halfway between a fundamental law and a normal law, with certain main chapters afforded similar protections as the fundamental laws while other additional chapters require only a simple parliamentary majority in order to be amended. [1]
Executive power is exercised by the government, led by the Prime Minister. Legislative power is vested in both the government and parliament, elected within a multi-party system. The judiciary is independent, appointed by the government and employed until retirement. Sweden is formally a monarchy with a monarch holding symbolic power.
Legal systems of the world. [1] The law of Sweden is a civil law system, whose essence is manifested in its dependence on statutory law. [2] Sweden's civil law tradition, as in the rest of Europe, is founded upon Roman law as codified in the Corpus Juris Civilis, but as developed within German law, rather than upon the Napoleonic Code. But ...
The electricity price usually differs from the system price from one price area to another, e.g. when there are constraints in the transmission grid. A special contract for difference called Electricity Price Area Differentials or EPAD allows members on the power exchange to hedge against this market risk called area price risk. [2]
Flags of the Nordic countries, from left to right: Finland, Iceland, Norway, Sweden, and Denmark. The Nordic model has been characterized as follows: [15] An elaborate social safety net, in addition to public services such as free education and universal healthcare [15] in a largely tax-funded system.
The law of Denmark was originally based on regional laws, of which the most important was the Jyske Lov, or the Law of Jutland 1241. The Danske Lov, or the Danish Code of 1683, promoted unity. The law has been developed via judicial decisions and royal decrees. Roman law has not had much influence on the law of Denmark.
Previously, the Kristofers landslag referred to the Medieval Scandinavian law concerning the countryside, which could vary depending on the county, or the Stadslagen concerning the cities. [ 3 ] There was a need to establish a civil code and laws applying to all Sweden, both cities and countryside.