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(1) A party or movement is wound up
a) by its own decision, i.e., either by voluntary dissolution, merger with another party or movement or by transformation into a civil association1; or
b) by a court decision on its dissolution.
(2) If the articles of a party or movement do not regulate the decision-making on the winding up of such party or movement pursuant to section 1, letter a), it shall be decided by its supreme body.
(3) After the winding up of a party or movement, its bodies may only act in matters related to the winding up of such party or movement, unless their powers were transferred to a legal successor or liquidator.
(4) If a party or movement is wound up as a result of a merger with another party or movement, or due to its transformation into a civil association1, all assets and liabilities shall be transferred to its legal successor.
(5) If a party or movement is wound up as a result of voluntary dissolution, the body which made the decision on dissolution shall also be obliged to appoint a liquidator. The liquidator shall notify the Ministry of the winding up of a party or movement within 5 days after the winding up of such party or movement (amended by Act. No. 68 of January 27, 1993).
(6) A party or movement may also be wound up by a court decision on dissolution [section 1, letter b)] if its activities are in contradiction with §1 through 5. In its decision on dissolution, the court appoints a liquidator, who may not be a member of this party or movement.
(7) If there is a direct connection between the reasons for which the party or movement was dissolved and the acquisition or utilisation of its assets, the court may, in connection to its decision on the dissolution of such party or movement, decide that the assets remaining after the liquidation of such party or movement shall revert to the state where the party or movement has its seat (amended by Act. No. 68 of January 27, 1993).