Hungary - 2011 Party Law

Title Article 6
Article

6

(1) In order to cover the expenses and increase the patrimony, the party shall perform the following economic activities:
a) in order to promote its political objectives and activities, it may publish and distribute publications, it may trade badges and other such objects bearing the party's symbol, and it may organize party manifestations;
b) it may capitalize and alienate, against payment, movable and immovable assets of its patrimony.
(2) The party shall not pay corporate tax for the activities provided at line (1).
(3) The party may set up undertakings (line (1) § 70 of the Civil Code), limited liability trade companies with sole shareholder, but it may not purchase shares in other trade companies.
(4) The party may invest its financial assets in securities - except for purchase of shares.
(5) If the party breaches the provisions of (1) - (4), the legal consequences established at § 4 line (4) shall apply correspondingly.

Categories - External oversight (Sanctions)
- Party finance (Expenditures)
- Party finance (Indirect public funding)
- Party finance (Private funding)
- Secondary legislation (Secondary legislation)
Source Sources: http://www.complex.hu/jr/gen/hjegy_doc.cgi?docid=98900033.TV (accessed: May 2011)