The Parliament passed the act on public finance Act. no. XXXVIII/1992 in order to facilitate a desirable financial balance in public finance by newly regulating the system of public finance, with regard to the new laws determining the allocation of public tasks in the legal operation of the state based on a public consensus; in order to create the guarantees of the effective and controllable management of public funds; considering the principles of fullness, detail, truthfulness, uniformity, clarity and publicity. Apart from general provisions, it establishes the Hungarian State Treasury Bank and determines its task, and the regulates the budget of the municipalities.