Publication: Magyar Közlöny
Issue: MK-2005-173 (Year: 2005, Number: 173)
Era: 2004-2010
Section: 
Paragraph Index: 23

3. Un less ot her wi se ag re ed to bet we en the par ti es, cur ren cy trans fer un der pa rag raph 1 of this Ar tic le shall be per mit ted in any fre ely con ver tib le cur ren cy. Such trans fers shall be made at the pre va i ling mar ket rate of ex chan ge on the date of trans fer. Article 8 Subrogation Whe re one Cont rac ting Party or its de sig na ted agen cy has gu a ran te ed any in dem nity aga inst non-com mer ci al risks in res pect of an in vest ment by any of its in ves tors in the ter ri to ry of the ot her Cont rac ting Party and has made pa y ment to such in ves tors in res pect of the ir cla ims un der any such gu a ran tee, the ot her Cont rac ting Party ag re es that the first 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 as sert the cla ims of tho se in ves tors. The sub ro ga ted rights or cla ims shall not ex ce ed the ori gi nal rights or cla ims of such in ves tors. Article 9 Settlement of Disputes between an Investor and a Contracting Party

Source: https://magyarkozlony.hu/hivatalos-lapok/f6db1c72c322098a05c5e84e41340021ab45da65/dokumentumok/3bd342cc2c839dd47f7c6f93c1f7ea09cec2cbc3/letoltes