Is German Antiquities Legislation "Socialist" (sic), "National Socialist" (sic) or Neither?

A California shopkeeper ('New German Cultural Heritage Protection Legislation' Friday, June 24, 2016) does not like the new German antiquities law:

such legislation clearly reflects a Socialist perspective that "cultural property" is to a significant extent the property of the State in which it is located

while a commentator on the same page contrarily suggests

There seems to be the whiff of: Ein Volk, Ein Reich, Ein Fuhrer in the air. Perhaps it's me being over sensitive? Now it's easy to see why the UK ditched the unelected Eurocrats - who dream-up the EU's laws - for a return to democracy. .

Whether the legislation concerned claims state ownership of all cultural property has yet to be demonstrated by the shopkeeper. As for seeing Germany as a country of a single ethnicity under a dictatorship, one wonders what xenophobic newspapers this 'sensitive' Brexiter reads. Another claquer of Brexit in the collecting community (though ironically, himself - to judge by the name - from an eastern European immigrant family) agrees that the new law:

brings back bad memories of Germany's totalitarian past.

Though is coy about saying whether he means that of 1933-45 or 1949-1990. Instead of all this empty sniping, it would be good to see the antiquities dealing and collecting lobbies discussing the actual text, rather than making hasty puerile "looks like" comparisons.

Can we see that?