Publication: Magyar Közlöny
Issue: MK-2006-25 (Year: 2006, Number: 25)
Era: 2004-2010
Section: 
Paragraph Index: 227

1. If a Cont rac ting Party or its de sig na ted agen cy ma kes pa y ment to its own in ves tors un der a gu a ran tee it has ac - cor ded in res pect of an in vest ment in the ter ri to ry of the ot - her Cont rac ting Party, the lat ter Cont rac ting Party shall re - cog ni ze: (a) the as sign ment, whet her un der the law or pur su ant to a le gal tran sac ti on in that co unt ry, of any right or cla im by the in ves tor to the for mer Cont rac ting Party or its de sig na - ted agen cy, as well as, (b) that the for mer Cont rac ting Party or its de sig na ted agen cy is en tit led by vir tue of sub ro ga ti on to exer ci se the rights and en for ce the cla ims of that in ves tor and shall as - su me the ob li ga ti ons re la ted to the in vest ment.

Source: https://magyarkozlony.hu/hivatalos-lapok/d24940f0ba3395425a5804c5035aa6e802fc9f72/dokumentumok/5af8e1d82526342ccd559adc25d7bc391f105215/letoltes