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Europe Daily Bulletin No. 11975

7 March 2018
Contents Publication in full By article 19 / 27
COURT OF JUSTICE OF THE EU / Internal market
Limiting rights of usufruct over agricultural land to close relatives of owners infringes principle of free movement of capital
Brussels, 06/03/2018 (Agence Europe)

Hungarian legislation that deprives individuals of their right of usufruct if they do not have close family ties with the owner of agricultural land runs counter to EU law, the Court of Justice of the EU stated in a judgment returned on Tuesday 6 March (cases C-52/16 and C-113/16).

The Hungarian company SEGRO, which is owned by investors resident in Germany and an Austrian national, a Mr Horváth, held rights of usufruct over agricultural land in Hungary until the Hungarian authorities...

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