The operative part of uniformity decision no. 1/2021 PJE

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On the delegation of the joint right of signature

The provision on the delegation of the joint right of signature in section 47(2) of Act No. CXII of 1996 on Credit Institutions and Financial Undertakings shall not be applicable if the persons authorised to jointly sign for the company under section 47(1) grant a power of attorney under section 222 of Act No. IV of 1959 on the Civil Code for the representation of the credit institution in respect of the types of contracts defined in the scope of the financial services activities.