Publication: Magyar Közlöny
Issue: MK-2006-25 (Year: 2006, Number: 25)
Era: 2004-2010
Section: 
Paragraph Index: 222

1. In vest ments of in ves tors of eit her Cont rac ting Party shall not be na ti o na li sed, exp rop ri a ted or sub jec ted to me a su res ha ving ef fect equ i va lent to na ti o na li sa ti on or exp rop ri a ti on (he re i naf ter re fer red to as „exp rop ri a ti on”) in the ter ri to ry of the ot her Cont rac ting Party ex cept for a pub lic pur po se. The exp rop ri a ti on shall be car ri ed out un der due pro cess of law, on a non-disc ri mi na to ry ba sis and shall be ac com pa ni ed by pro vi si ons for the pa y ment of prompt, ade qu a te and ef fec ti ve com pen sa ti on. Such com pen sa ti on shall amo unt to the mar ket va lue of the in vest ment exp rop ri a ted im me di a tely be fo re exp rop ri a ti on or im pen ding exp rop ri a ti on be ca me pub lic know led ge, and shall be made wit hin three months from the date on which the de ci si on con cer ning the expropriation becomes non appealable, and be effectively realizable and be freely transferable in freely convertible currency.

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