Publication: Magyar Közlöny
Issue: MK-2003-113 (Year: 2003, Number: 113)
Era: 1990-2004
Section: szóló 1996. évi XXXVIII. törvény rendelkezéseit értelemszerûen alkalmazni kell, ha az Egyezménybõl, illetve a
Paragraph Index: 590

1. Investments of investors of either Contracting Party shall not be nationalised, expropriated or subjected to 2003/113. szám measures having effect equivalent to nationalisation or expropriation (hereinafter referred to as „expropriation”) in the territory of the other Contracting Party except for a public purpose. The expropriation shall be carried out under due process of law, on a non-discriminatory basis and shall be accompanied by provisions for the payment of prompt, adequate and effective compensation. Such compensation shall amount to the market value of the investment expropriated immediately before expropriation or impending expropriation became public knowledge, shall include interest, calculated on the basis provided for by the laws and regulations of the Contracting Party in which territory the investment was made and with due respect to the principles of this Agreement, shall be made without delay, be effectively realizable and be freely transferable in freely convertible currency.

Source: https://magyarkozlony.hu/hivatalos-lapok/95541759b43bc2bde36aaaaa1eba554d5f6f0fad/dokumentumok/f7eb67d9b0ca05526bd3d6ffc48a8c0ce360274f/letoltes