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Asset declaration procedure

Asset declaration procedure

The National Assembly extended the obligation to submit asset declarations applicable to members of the National Assembly to Hungarian members of the European Parliament. Pursuant to Act XX of 2025 on the amendment of certain acts in connection with the obligation of Members of the European Parliament (MEPs) to declare their assets, asset declarations must be submitted for the first time between May 29 and July 11, 2025, and thereafter annually during the term of office.

Declarations of assets by Members of the European Parliament

-Initial declarations of assets

Pursuant to Section 9/A of Act LVII of 2004 on the legal status of Hungarian Members of the European Parliament (hereinafter: Epjtv.), Members of the European Parliament are required to submit declarations of assets as follows:

- within 30 days of the confirmation of their mandate, based on the status existing on the date of confirmation of the mandate (opening declaration of assets),

- by January 31 each year, based on the status as of December 31 of the previous year (annual declaration of assets), and

- within 30 days of the termination of their mandate, based on the status as of the date of termination of their mandate (closing declaration of assets).

Members of the European Parliament shall attach to their asset declarations the asset declarations of their spouses or partners living in the same household and their children (hereinafter collectively referred to as "family members"), which shall have the same content as the representatives' asset declarations.

The National Election Commission shall keep the declarations of assets and maintain a register thereof. With the exception of the asset declaration of family members, a certified copy of the asset declaration, excluding the personal data of family members, shall be published without delay on the website operated by the National Election Office. The asset declaration may be removed from the website one year after the end of the MEP’s term of office.

I. Procedure of submitting declarations of assets

Members of the European Parliament shall submit declarations of assets in accordance with Annex 1 to Act XXXVI of 2012 on the National Assembly.

Members of the European Parliament shall fulfill their obligation to submit a declaration of assets, taking into account the specific characteristics of their mandate as Members of the European Parliament, using the form approved by the National Election Commission in its decision recorded in Protocol No. 35/2025. The form can be downloaded (in Hungarian) from the website www.valasztas.hu and filled in by hand after printing. Digital completion is also available (in Hungarian) using the version of the form that can be filled in electronically.

Questions regarding the completion of the declaration of assets are clarified in the completion guide (in Hungarian) approved by the National Election Commission in its decision recorded in minutes No. 35/2025. If a question cannot be answered based on the instructions, a written inquiry regarding the asset declaration may be sent to nvb@nvi.hu.

The MEP's asset declaration must be submitted exclusively in hard copy, with each page signed, without an envelope; while the asset declarations of family members – in the case of multiple asset declarations, all of them – must be submitted in person to the Secretariat of the National Election Committee in an envelope provided by the National Election Office. The duly completed and signed representative's declaration of assets (together with the family member(s)' declaration of assets in a sealed envelope) may be submitted by anyone on behalf of the representative, so it does not necessarily require personal appearance.

The National Election Committee Secretariat's office hours are as follows:

  • Monday to Thursday from 8:30 a.m. to 4:00 p.m.
  • Friday from 8:30 a.m. to 1:30 p.m.
  • The office is closed on public holidays and weekends.

II. Procedure relating to the declaration of assets by Members of the European Parliament

Compliance with the obligation to declare assets is monitored by the National Election Committee, which, in the event of failure to comply with this obligation, initiates proceedings related to the declaration of assets ex officio, in accordance with Section 9/A(5) of the Epjtv. In addition, anyone may initiate proceedings related to the declaration of assets of a Member of the European Parliament with the President of the Commission by submitting a statement of facts concerning the specific content of the declaration of assets, which precisely identifies the part and content of the declaration of assets that is being challenged, in accordance with Section 9/A(6) of the Epjtv. The initiative must contain the personal identification data of the person making the report, his / her contact details (address, e-mail address) and signature.

If the initiative does not meet the requirements set out in Section 9/A(6) of the Epjtv., is manifestly unfounded, or the resubmitted initiative does not contain any new facts or data, the President of the National Election Commission shall not submit it to the National Election Commission and shall immediately inform the initiator, the National Election Commission and the Member of the European Parliament concerned.

Prior to initiating proceedings in relation to the declaration of assets of a Member of the European Parliament, the President of the National Election Commission shall, in the event of failure to comply with the obligation to submit a declaration of assets, call upon the Member of the European Parliament to comply with the obligation to submit a declaration of assets within eight days of receipt of the call, and, in the case of proceedings initiated on the basis of a report, to correct the contested content of the declaration of assets or to make a statement in connection with the initiative.

The National Election Commission shall decide on the initiation of proceedings related to the declaration of assets of a Member of the European Parliament in a closed session. The National Election Commission shall not initiate proceedings if the Member fulfills his or her obligation to submit a declaration of assets within the deadline set by the President of the National Election Commission (in the case of ex officio proceedings) or corrects the contested content of the declaration of assets (in the case of proceedings initiated on the basis of a report). It shall also not initiate proceedings if, on the basis of the response received from the Member concerned, the National Election Commission is able to establish, without further data collection, that the contested content of the declaration of assets clearly corresponds to reality. The president of the National Election Commission shall immediately inform the initiator and the Member of the European Parliament concerned of this decision.

The National Election Commission shall, in a closed session, take a decision recorded in the minutes on the initiation of proceedings in relation to the declaration of assets, specifying the questions to be answered by the Member of the European Parliament and the state bodies from which it will request information. The responses provided by the Member of the European Parliament and sent by the requested state bodies shall be examined by the National Election Commission in a closed session, at which the Member of the European Parliament may make a statement. After the statement has been made, the chair of the National Election Commission may address questions to the representative, and the members of the National Election Commission may propose questions. After answering the questions, the Member of the European Parliament may not participate in the rest of the closed session.

During the procedure relatied to the declaration of assets by the Member of the European Parliament, the National Election Commission may, within the 30-day time limit for the procedure, decide to postpone the decision on the closure of the procedure. The decision on postponement, recorded in the minutes, shall indicate the issues that require further clarification, as well as the questions necessary for this and any requests to be made to state bodies. The National Election Commission shall examine the responses to the new requests in another closed session, at which the Member of the European Parliament may make a statement.

In the procedure related to the declaration of assets of a Member of the European Parliament, the National Election Commission may also examine the declaration of assets of a family member of the Member of the European Parliament. Only members of the National Election Commission may inspect the sealed declarations of assets, and only during the declaration of assets procedure. The sealed envelope containing the declaration of assets submitted by the Member of the European Parliament shall be opened by the President of the National Election Commission during a closed session, and after the members of the National Election Commission have had the opportunity to inspect it, it shall be resealed and kept under lock and key.

The National Election Commission shall conclude the procedure related to the declaration of assets of a Member of the European Parliament with a decision recorded in the minutes if it finds that the Member has not intentionally failed to comply with his or her obligation to submit a declaration of assets and has not intentionally provided false information or facts in the declaration of assets. The chair of the National Election Commission shall inform the member concerned and the initiator of the outcome of the procedure related to the declaration of assets, thereby terminating the procedure related to the declaration of assets.

If, during the procedure relating to the declaration of assets, the National Electoral Commission finds that the Member of the European Parliament has intentionally failed to comply with his or her obligation to submit a declaration of assets, with the exception of the final declaration of assets, or has intentionally provided false information or facts in the declaration of assets, the National Election Commission shall decide to terminate the mandate of the Member of the European Parliament. If the Member of the European Parliament fails to fulfill his or her obligation to submit a declaration of assets within 30 days of the termination of his or her mandate, the National Election Commission shall impose a fine equal to five times the minimum monthly wage within 30 days of the expiry of the deadline for submitting the declaration of assets. In the event of a continuing failure to comply, the Commission may impose a fine of up to five times the minimum monthly wage again 60 days after its most recent decision establishing the failure to comply, until the obligation to submit a declaration of assets has been fulfilled. The National Election Commission shall send its decision on the termination of the mandate or the imposition of a fine to the representative so that he or she may exercise his or her right of appeal by submitting a request for review to the Supreme Court. The National Election Commission shall not publish the decision taken in closed session, but shall publish a summary of the decision, as recorded in the minutes of the National Election Commission.