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(1) The entry of the party into liquidation shall be registered in the Register of Parties. The winding up of a party with liquidation shall be decided by the party body, competent according to its registered articles, which is also obliged to appoint a liquidator. Unless otherwise stipulated herein, the liquidator may not be a member of this party. The reasonable expenses and fees of the liquidator shall be reimbursed from the assets of the party.
(2) The liquidator shall inform the Ministry of the winding up of the party and the data to be entered in the Register of Parties, within five days from the winding up of the party. Upon such registration, the competencies of the statutory body shall be transferred to the liquidator registered in the Register of Parties.
(3) The liquidator may only perform acts in the name of the party connected with the party wind up.
(4) For the liquidation of a party a special regulation shall be applied accordingly. If any assets remain after the winding up, the liquidator shall dispose of them in a way specified by the articles, according to §6, section 5, letter h).
(5) The liquidator shall submit an application for the deletion of the party from the Register of Parties no later than 30 days from the conclusion of the liquidation.