The Insolvency Protection of the Voyager in Hungarian Law Andras Salamon1 I. Introduction; II. Regulation of financial security prior to 01 July 2018; III. Regulation of insolvency protection of Chapter V of Directive (EU) 2015/2302 in government decree 213/1996 of 23 December after 01 July 2018; III.1. The first pillar of insolvency protection: financial security; III.2. Second pillar of insolvency protection: compulsory insurance; IV. Travel services, packages travel and linked travel arrangements; IV.1. Introductory provisions, effect and concepts; IV.2. Common rules for travel service arrangements; IV.3. Special rules of contracts relating to package travel; IV.4. Concept of the package travel; IV.5. Pre-contractual information; IV.6. Amendment of the package travel contract; IV.7. transfer and termination of the contract; IV.8. Liability; IV.9. Obligation to provide assistance; IV.10. Price reduction and compensation for damages; V. Linked travel arrangements; V.1. Miscellaneous provisions. I. INTRODUCTION The law applicable to package travel contracts, effective as of 1 July 2018, is the third amendment related to package travel contracts. 1) In Hungary, after the Second World War, package travel contracts were worded and regulated by the 1975 year amendment to Act IV. of 1959 on the Civil Code (Section 415), the detailed rules of which were established by Decree No. 11/1978. (01 March)MT on package travel contracts (the MT abbreviation means the Council of Ministers, the government was called the Council of Ministers between 1949 and 1990). Although neither the Civil Code, nor the MT Decree mentioned the concept of the package travel contract, both defined it as a term including travel, stay 1 Dr. Andras Salamon, Attorney, docent of Edutus University Budapest.
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