Published: February 24 2023
Summary:
A proposed Hungarian Architecture Law, which seeks to impose a registration obligation on exports and imports of building materials and give the government the right to purchase and pre-empt exports of registered raw materials and products, has been criticised for violating EU principles and the Hungarian Constitution. It would also require companies to sell their products to the government at a price set by the government, and any stocks bought below market price would be kept by the government.
Key Points:
- Proposal for a law on Hungarian architecture violates a number of EU principles and the Hungarian Constitution
- Registration obligation for exports and imports of building materials would be required
- The government would have the right to purchase and pre-empt exports of registered raw materials and products
- Companies would be obliged to sell their products to the government at a price set by the government
- Stocks bought below market price would be kept by the government
Source article:
This summary was created using AI, so there may be some inaccuracies. Always check the original linked article to be sure.
