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Image header Agence Europe
Europe Daily Bulletin No. 11975
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

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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