Finalised in June, the AI Act (EU 2024/1689) was published yesterday 12-07-2024 and will enter into force after 20 days, on 02-08-2024. Generally the law will be applicable after 2 years, on 02-08-2026, with. a few exceptions:
- The rules on banned practices (Chapter 2) will become applicable in 6 months, on 02-02-2025, as will the general provisions (Chapter 1)
- Parts such as the chapter on notified bodies, general purpose AI models (Chapter 5), governance (Chapter 7), penalties (Chapter 12), will become applicable in a year, on 02-08-2025
- Article 6 in Chapter 3, on the classification rules for high risk AI applications, will apply in 3 years, from 02-02-2027
The purpose of this Regulation is to improve the functioning of the internal market by laying down a uniform legal framework in particular for the development, the placing on the market, the putting into service and the use of artificial intelligence systems (AI systems) in the Union, in accordance with Union values, to promote the uptake of human centric and trustworthy artificial intelligence (AI) while ensuring a high level of protection of health, safety, fundamental rights as enshrined in the Charter of Fundamental Rights of the European Union (the ‘Charter’), including democracy, the rule of law and environmental protection, to protect against the harmful effects of AI systems in the Union, and to support innovation. This Regulation ensures the free movement, cross-border, of AI-based goods and services, thus preventing Member States from imposing restrictions on the development, marketing and use of AI systems, unless explicitly authorised by this Regulation.