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Postponed Entry into force of the New Land Registry Act and Other Amendments to Different Laws

Hungary
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A bill amending certain laws affecting the functioning of the state was adopted by the Parliament in the middle of June 2024. The bill postpones again the entry into force of the new Land Registry Act to 15 January 2025. In addition, the bill amends provisions in several different areas of law (e.g. health, education, immigration).

For instance, the bill would allow the extension of mandatory health examinations. Currently, only up to the age of 18 are the screening tests mandatory, however, a decree of the Minister responsible for health may provide for mandatory screening tests without age limit.

The bill would facilitate the adoption of newborn children left in hospital. The child would be adoptable if the mother or another relative of the child did not show up within six weeks. The bill also establishes a unified system of rules on objects that may not be brought onto the premises of certain educational institutions (prohibited) and objects that may be brought onto the premises of certain educational institutions but are restricted in their use. The bill lays down rules on the liability of educational institutions for damage caused to the objects taken over.

Furthermore, the Public Finance Act is also supplemented with the provision that the Metropolitan and County Government Office may waive, in whole or in part, a claim of the State in respect of certain housing state aid and the baby loan scheme under the equity procedure. The detailed rules of the equity procedure will be regulated by a Government decree.

The bill also transposes the rules of the Government decree on the different application of the Social Contribution Tax Act during emergency into the Social Contribution Tax Act, according to which, for example, tax liability also arises on the taxable part of the interest income of a natural person in Hungary, with the exception of interest income from units in real estate funds. 

By Lidia Suveges, Attorney at law, KCG Partners Law Firm

Hungary Knowledge Partner

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