Publication: Magyar Közlöny
Issue: MK-2011-30 (Year: 2011, Number: 30)
Era: contemporary
Section: 2011. évi XXVII. törvény
Paragraph Index: 929

b) other quantities held in the Depository state’s Territory that are controlled by the commercial companies registered in the Depository state by virtue of ownership or other legal title. These legal entities shall undertake the contractual obligation to store the referred quantities for the benefit of the Beneficiary state’s CSE for at least three consecutive months, whereas such CSE will be entitled to an option to the preferential purchase of such stocks at a pre-agreed price. Before starting to hold such stocks on the Territory of the Depository state, any commercial company of the Depositary state has to obtain a written approval by the Depository state’s Competent authority to hold such Compulsory oil stocks. Article 3

Source: https://magyarkozlony.hu/hivatalos-lapok/a89ba207df11f77195cc29f46c85ac088ce61617/dokumentumok/1317e99b5270ce54d31307e41e7acadbe43e47be/letoltes