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Denmark

Implementing legislation

Law no. 272 of 2.5.1990

Proper notice

1 month if less than or equal to 1 year

2 months if more than 1 year and less than or equal to 2 years

3 months if more than 2 years and less than or equal to 3 years

4 months if more than 3 years and less than or equal to 4 years

5 months if more than 4 years and less than or equal to 5 years

6 months if more than 5 years

Indemnity or compensation or both

Indemnity

Calculation of indemnity/compensation

Capped at a maximum of the average annual commission over last 5 years or, if less than 5 years, over duration of agency

Pre-termination commission

Yes

Post-termination commission

Yes

Back commission

Yes

Other entitlements

Right to inspect principal's books

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