Page:British and Foreign State Papers, vol. 155 (1958).djvu/694

678 be paid, such advance not to exceed 15,000 forint, due regard also being paid to the financial situation of the undertaking concerned.

The former owner of a nationalised undertaking must, if he so requests, be ensured employment within his own particular branch or in keeping with his professional knowledge, so far as possibilities permit.

1. Under the present Decree the Council of Ministers is authorised to regulate by Decree all questions connected with the nationalised undertakings and with nationalisation in general.

2. The departmental Minister charged with the ultimate supervision of an undertaking is to be considered the appropriate Minister for executing the present Decree.

3. The fact of nationalisation will not affect the conditions of service of the employees of a nationalised undertaking.

4. As regards responsibility under the penal code, the employee of a nationalised undertaking will be regarded as a public official.

The provisions of the present Decree do not apply to those undertakings or those parts of undertakings, the ownership of which is based on the provisions of the Peace Treaty incorporated in Act 18 of 1947, or of any legal statute dated later than 20th January, 1945, and still in force, or of any inter-State Agreement concluded after that date and still in force.

Under the present DeceeDecree [sic] those undertakings will also be nationalised to which an official manager or State controller was delegated by the appropriate departmental Minister prior to the coming into force of the present Decree. The State will acquire the right of ownership of the undertakings restrospectively from the day on which the official manager or State controller was appointed.

Decree No. 8940/KORM/1948 (concerning the addition of certain provisions relating to the licensing of cinema undertakings and the adjustment of questions connected therewith)