Article 18
Change of applicable law
The spouses may, at any time
during the marriage, make their matrimonial property regime subject
to a law other than the one
hitherto applicable. They may designate only one of the following laws:
(a) the law of the State of
habitual residence of one of the spouses at the time this choice is
made;
(b) the law of a State of
which one of the spouses is a national at the time this choice is made.
Unless the spouses desire
otherwise, a change of the law applicable to the matrimonial property
regime made during the
marriage shall be effective only in the future.
If the spouses choose to make
this change of applicable law retrospective, the retrospective effect
may not affect the validity
of previous transactions entered into under the law applicable hitherto or
the rights of third parties
deriving from the law previously applicable.