Hungarian Gazette 2025/82
Summary
The decree sets out the technical and procedural rules for the partial treasury account management of local governments, defining the order, deadlines and conditions of money movements between treasury accounts and payment accounts held at domestic credit institutions. It regulates the mechanism for the automatic transfer of amounts exceeding the limit value, the notification obligations regarding account transactions, as well as the procedure for reporting the allocation of the limit value with respect to local governments and their budgetary organs. The government decree, issued on the basis of the authorisation contained in Act CXCV of 2011 on public finances, aims to ensure efficient and smooth cash flow within the local government sub-system.
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HUNGARIAN OFFICIAL GAZETTE · Issue 82 of 2025
III. Government Decrees
Government Decree No. 194/2025. (VII. 8.) on the detailed rules of municipal account management
[1] Municipal account management is an important and defining task of the subsystem of public finances.
[2] When establishing the partial treasury account management of municipalities, it is important to strike a balance between ensuring the liquidity of the central budget and that of the municipalities.
[3] Through the transformation of municipal account management and the precise formulation of technical rules, a smooth and efficient cash flow system shall be established. The technical rules, taking into account the deadlines, facilitate the development and operation of the process and ensure efficient and smooth cash flow.
[4] The Government, acting on the basis of the authorisation granted in Section 109(1) point 21a of Act CXCV of 2011 on Public Finances, and acting within the scope of duties set out in Article 15(1) of the Fundamental Law, hereby orders the following:
Section 1 (1) A municipality affected by a transfer order pursuant to Section 84(1a) of Act CXCV of 2011 on Public Finances (hereinafter: Áht.) may, from its treasury account maintained on the basis of the register referred to in Section 84(1b) of the Áht.,
a) transfer an amount to its payment account affected by the transfer order maintained at a domestic credit institution,…