חוק תובענות ייצוגיות (תיקון מס' 10), התשע"ו-2016Law on Class Actions (Amendment No. 10), 2016 · automatic translation · suggest a correction

Official summary of the law (Knesset)

The Class Actions Law (Amendment No. 10), 2016 sets out a number of amendments to the Class Actions Law, the main purpose of which is to regulate the matter of withdrawal from a class action and settlement. The law outlines the discretion of the court when approving a benefit for an applicant, a representative plaintiff, or representative counsel seeking to withdraw a request for approval or a class action; expands the parties entitled to file an objection to a settlement, providing that a person acting for the benefit of the interests of the class members may file such an objection; in addition, the law provides that a person filing an objection may not withdraw it and may not receive a benefit for its withdrawal except with court approval; the law also provides that when approving the settlement, the court shall examine whether the action prima facie meets the conditions for approval of a class action, and that the court may give instructions regarding supervision of the implementation of the settlement; furthermore, the law regulates the matter of compensation by way of donation, through the establishment of a fund responsible for distributing the funds.

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Sponsors

Merav Michaeli, Merav Ben Ari, Roy Folkman, Bezalel Smotrich, Sharren Miriam Haskel, Tali Ploskov, Yitzhak Vaknin, Yakov Margi, Uri Maklev, Yael German, Mordhay Yogev, Michael Oren, Yifat Shasha Biton, Itzik Shmuli