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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/Territory
Hungary
Document type
Legislation
Date
1991 (2014)
Source
FAO, FAOLEX
Subject
Land & soil
Keyword
Agricultural land Land reform Ownership Land tenure
Geographical area
Eastern Europe, Europe, Europe and Central Asia, European Union Countries
Entry into force notes
The latest consolidated version of the Act entered into force on 1 October 2014.
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.

Full text
Hungarian
Website
njt.hu

References - Legislation

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.

Legislation | Hungary | 1991

Keyword: Agricultural land, Land reform, Ownership, Land tenure, Legal proceedings/administrative proceedings

Source: FAO, FAOLEX

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.

Legislation | Hungary | 2013 (2014)

Keyword: Agricultural land, Land tenure, Lease, Legal proceedings/administrative proceedings, Ownership, Private land, Property rights, Public land, Right of use, Servitude, Transfer, Contract/agreement, Common property, Authorization/permit, Cadastre/land registration, Land commission, Smallholders/peasants, Size, Cooperative/producer organization

Source: FAO, FAOLEX