Publication: Magyar Közlöny
Issue: MK-2010-181 (Year: 2010, Number: 181)
Era: contemporary
Section: 2010. évi CXXXII. törvény
Paragraph Index: 1032

3. For the purposes of this Convention the term „place of effective management” means the place where the chief executive officer and other senior executives of the enterprise usually carry on their activities governing the day-by-day work of the whole enterprise. If the place of effective management could not be determined on this basis, the competent authorities of the Contracting States shall settle the question by mutual agreement.

Source: https://magyarkozlony.hu/hivatalos-lapok/4774126550d98855ec8bc2b0930e2d509c87cd18/dokumentumok/c4b3f5ffbe35f9a00c8df653ca85fec4299fad4e/letoltes