tímabilsumbótum
Tímabilsumbótum refers to a concept in Icelandic law and practice concerning amendments to legislation that take effect at a specific future date. This mechanism allows for planned and organized implementation of new laws or changes to existing ones, providing a clear timeline for stakeholders to prepare. When a legislative act specifies that certain provisions or the entire act will come into force on a particular date, it is referred to as tímabilsumbótum. This contrasts with laws that take effect immediately upon their promulgation.
The purpose of using tímabilsumbótum is multifaceted. It can be used to allow for necessary preparatory work,