Áder said that while the goal of the legislation to support home creation for families through state funding is a worthy one, implementing the law requires the establishment of a transparent organization that can provide appropriate guarantees to those participating in the process, with strict oversight of its operation, MTI added.
According to the president, the legislation does not meet these requirements as it contains unclear and contradictory provisions concerning legal status, organization and operation of the National Building Societies and of the organizer operating it and managing its assets, MTI reported.
This is the third legislation that Áder returned to lawmakers without signing and subsequently putting forward requests for modifications. On March 9 the president declined to sign two measures to limit public information that were passed by Parliament on March 1: one allowing the Hungarian National Bank (MNB) to classify data on how it spends public money for its foundations and another restricting public access to information concerning Hungaryʼs national postal service.



