Federal Act
on the Amendment of the Swiss Civil Code
(Part Five: The Code of Obligations)


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Art. 526

V. Ter­min­a­tion

1. No­tice

 

1 The life­time main­ten­ance agree­ment may be ter­min­ated by either party at any time sub­ject to six months’ no­tice, where ac­cord­ing to the agree­ment the per­form­ance of one party is sub­stan­tially great­er in value than that of the oth­er and the party be­ne­fit­ing from such im­bal­ance can­not show that the oth­er in­ten­ded it as a gift.

2 The de­cis­ive cri­terion here is the re­la­tion between the cap­it­al and the life an­nu­ity ac­cord­ing to the prin­ciples ap­plied by any reput­able an­nu­ity in­sti­tu­tion.

3 Per­form­ance already rendered at the time of ter­min­a­tion is re­turned after its cap­it­al­ised value plus in­terest has been set off.

 

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