NATLEX
Database of national labour, social security and related human rights legislation
Hungary (905) > General provisions (105)
| Name: | Act No. XXXIX of 9 May 1995 on the sale of entrepreneurial assets owned by the State. |
| Country: | Hungary |
| Subject(s): | Economic and social policy |
| Type of legislation: | Law, Act |
| Adopted on: | 1995-05-09 |
| Entry into force: | |
| Published on: | Daily Report East Europe, 1995-06-09, No. 111, pp. 1-24 |
| ISN: | HUN-1995-L-43054 |
| Link: | https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=43054&p_lang=en |
| Bibliography: | Daily Report East Europe, 1995-06-09, No. 111, pp. 1-24 |
| Abstract/Citation: | Provides for the organization and operation of the State privatization and property management corporation. The purpose of privatization shall be, inter alia, to preserve and create work places, and to enforce social welfare (par. 2). Employees may acquire state-owned shares of their companies in the framework of buyouts (par. 53) or under preferential conditions (par. 55). |