Law No. CXIV of 1997 on the development of the agrarian economy.

An Act to provide governmental aid, from the national annual budget increasing, at least, proportionally to real GDP with 1998 as the base year, for the purposes of: (i) development of the agrarian economy, including agriculture, (ii) promoting the attractiveness of rural areas, (iii) implementing rural development projects. The subsidization of Hungarian agrarian products should be gradually increased to reach EU member state levels, until Hungary's accession to the EU. The Government should prepare a medium-term plan of agrarian policy, submit it to Parliament and report annually to Parliament about the status of the agrarian economy, the income of agricultural producers, the achievement of the principal aims of agrarian policy, the measures taken and the utilization of the budgetary subsidy. This Law confers to the Government the power to create institutions for carrying out agrarian management and rural development throughout the territory, taking into account EU requirements. The Government shall maintain a harmonized customs, animal health and phytosanitary control system. Economic sector chambers and other corporate bodies participate in the performance of duties related to the implementation of the provisions of this Law and other related laws. A uniform national database shall be created and operated in the interest of compliance with the requisites of accession to the EU and in the interest of solid government of the agrarian economy. For this purpose, the Government orders a comprehensive inventory of the agricultural sector. The Minister of Agriculture shall create the Agrarian Economy Council composed of at least twenty members with the purpose of advising and making proposals in questions related to the implementation of the Law.