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Political Organizations (Parties) Act

Original Language Title: Politisko organizāciju (partiju) finansēšanas likums

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The Saeima has adopted and the President promulgated the following laws: political organizations (parties) Act article 1. The purpose of the law (1) this Act regulates the political organizations (parties) associations [hereinafter referred to as political organizations (parties)] financing rules.
(2) the law aims to ensure political organizations (parties) financial transactions transparency, legality and conformity with the parliamentary system of democracy.
 
2. article. The source of funds (1) political organizations (parties) can be financed: 1) membership fees and joining the cash;
2) natural and legal persons for money and other funding and donations (donations);
3) revenue going the political organizations (parties) business and other economic activities;
4) other sources of funding, other than those of which is prohibited by law to fund political organizations (parties).
(2) Gifts (donations) for the purposes of this Act is the natural or legal person belonging to the cash or other financial resources (financial resources) or movable or immovable property of royalty transfer political organizations (parties).
 
3. article. Membership fees and joining the money (1) membership fees and joining the cash and the payment arrangements are regulated by the political organizations (parties) statutes.
(2) the income received by political organizations (parties) have benefited from membership fees and joining the money is not taxed.
 
4. article. Gifts (donations) (1) Gifts (donations) political organizations (parties), pursuant to article 6 of this law, these restrictions may be adopted from: 1 Latvian citizens;)
2) persons who under the law are entitled to non-citizens of the Republic of Latvia passports;
3) Latvia registered entities.
(2) the person or entity to any political organisation (party) during the calendar year may bestow (donate) financial resources or property for an amount that does not exceed 25 thousand lats.
 
5. article. Dues relief for natural and legal persons pursuant to the provisions of this law, is dāvinājuš (donated) political organisation (the lot) financial resources or property are exempt from the payment of the State fee.
 
6. article. Funding restrictions (1) political organizations (parties) gifts (donations) or in any other way to finance it is prohibited to: 1) the State and local governments, excluding the law specifically provided;
2) State and local government institutions, businesses and incorporated companies as well as companies in which the State or a municipality part individually or in total share capital exceeds 50 percent;
3) the authorities of other countries, companies, firms, banks, insurance companies, organisations and citizens, as well as stateless persons;
4) religious organizations.
(2) all financial donations of funds (donations) to be transferred directly by the political organizations (parties) to a bank account, but things gifts (donations) directly refer the political organization concerned (batch).
(3) prohibited from financing political organisations (parties) with third parties.
(4) the banned political organizations (parties) to create special funds — a legal person or any other type of intermediary organisations, enterprises or companies.
 
7. article. Anonymous donations (donations) ban (1) forbidden, except in the fourth paragraph of this article, the case referred to in the financing of political organisations (parties) anonymous donations (donations).
(2) the Gift (donation), within the meaning of this law is considered anonymous if political organizations (parties) accounting documents relating to the contributor (contributor) — not specified natural persons first name, last name, social security number and place of residence, but in the case of a legal person: full name, legal address, bank and account number.
(3) If a political organization (lot) receives anonymous donations (donations) or donation (donations) that are contrary to this law, 4. the provisions of article 6 and, funding within five days after receipt to be transferred to the account specified by the Ministry of Justice, but should make the property owned by the Ministry of Finance.
(4) in the third subparagraph, in the account the amounts transferred form the Foundation of the financial resources of the Ministry of justice no later than six months after the parliamentary elections even those political organisations (parties) that apply for candidates are elected to the Parliament. These political organizations (parties) financial funds are transferred in proportion of the political organizations (parties) the number of members elected to Parliament.
(5) referred to in the third subparagraph account physical and legal persons can transfer financial means in any quantity. This account can transfer of financial means also anonymously.
 
8. article. Statement of financial activities (1) each year, no later than 1 March to the political organization (party) shall submit to the Ministry of Justice and the State revenue service to political organizations (parties) leader signed the Declaration of the financial transaction.
(2) the Declaration shall state the preceding calendar year: 1) membership fees and joining the money received in the form of financial resources;
2) gifts (donations) received funding, including any contributor (contributor);
3) from political organizations (parties) business financial resources obtained;
4) from political organizations (parties) other operating results obtained financial resources;
5) political organizations (parties) received bank loans, indicating all the banks, the credit amount issued, deadlines, and interest;
6) gifts (donations) received in the form of movable and immovable property, if the value exceeds 1000 lats each property of the donor (donor) and its value;
7) purchase of real estate, vehicles and other property if its value exceeds 1000 lats each real estate, vehicle or other property of the seller and purchase the amount referred to in the contract;
8) off other expenses, the sum of which exceeds 1000 lats.
(3) the Financial statements of the action one copy stored in the Ministry of Justice, the other for the State revenue service, but the third — the political organizations (parties) records.
 
9. article. Financial and economic openness a Person has the right to bestow (donate) political organizations (parties) to the financial assets and property, as well as any media journalist in the Ministry of Justice may be familiar with any political organizations (parties) Declaration of the financial transaction and publish the information.
 
10. article. Financial performance of the consequences of failure to submit a declaration (1) If a political organization (party) does not submit a declaration of financial transaction to this law, the time limit laid down in article 8, or it does not specify the required in this Act, the Minister of Justice is obliged within two weeks in writing to warn the political organizations (parties).
(2) If within one month of sending the warning political organization (party) does not submit a declaration of financial transaction, the Minister of Justice has responsibility for two weeks in accordance with the procedure laid down in the law, to initiate appropriate political organizations (parties) suspension in court.
 
11. article. Financial and operational audit (1) not less than once a year each political organizations (parties) financial and economic operations audited by independent audit firms, of which the opinion of the political organizations (parties) financial and economic activities in annual financial performance plug-in for declaration that is submitted to the State revenue service.
(2) in the first subparagraph for the audit is financed from the respective political organizations (parties).
 
12. article. Responsibility for the enforcement of this Act (1) Of this law, article 7, the third paragraph of article 8, the first and second parts of the regulations concerned political organizations (parties).
(2) Of this law, article 9 and 10 of the rules of the reply by the Minister of Justice.
 
Transitional provision All in Latvia registered political organizations (parties) no later than 1 September 1995 will be submitted to the Ministry of Justice and the State revenue service to political organizations (parties) Declaration of the financial transaction, which should indicate how much funding to this law, the date of entry into force of the political organizations (parties). This declaration must specify from what sources these financial resources received.
The Parliament adopted the law of 19 July 1995.
The President of the Parliament instead of the President a. Gorbunov 1995 in Riga on august 2.