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Act XXV of 1991 on partial compensation, in the interest of settling ownership, for damages unlawfully caused by the State.

Country
Hungary
Type of law
Legislation
Date of original text
Date of latest amendment
Source
FAO , FAOLEX
Keywords
Abstract
This Act provides rules for the partial compensation for damages unlawfully caused in the ownership of private persons by laws listed in Annexes 1 and 2. This Act introduces compensation bonds for the amount of compensation. Compensation bonds shall be used through the privatisation process for the acquisition of assets, shares and arable land. This Act contains special rules concerning the determination of the value of compensation for arable land and the acquisition of arable land with compensation bonds. The National Office for Restitution and Compensation is the competent authority in matters falling under this Act.
Attached files
http://faolex.fao.org/docs/pdf/hun23050.pdf
http://faolex.fao.org/docs/pdf/hun23050.pdf
Web site
http://njt.hu/
Entry into force notes
The latest consolidated version of the Act entered into force on 1 October 2014.
Notes
The new consolidated text of the Act includes also the implementing Decree No. 104 of 1991 (VIII. 3.( Korm of the Government. The Act is set out in bold, the decree in normal carachters.
Repealed
No
Source language

English

Legislation Amendment
No
Amended by
Act No. CCXII of 2013 laying down certain provisions and transition rules in connection with Act No CXXII of 2013 concerning agricultural and forestry land trade.
Implemented by
Government Decree 104/1991 Korm. in the interest of settling ownership relationships, and on the execution of Act XXV of 1991 on partial compensation for damages unlawfully caused by the State.