Slovakia - 2005 Party Law

Part Part IV Economic Management and Financing
Title Article 23 Gifts and other benefits in kind
Article

23

(1) The party may receive donations or other non-refundable funds if this law does not provide otherwise. The party may receive donations or other non-refundable funds only based on a written agreement according to this law. The provisions of the individual regulation shall not be influenced.
(2) The donation agreement must contain:
a) 1. Forename, name, personal identification number, permanent domicile address, in case of a natural person and in case of legal entities - contractor and trade name, identification number and place of performance of the activity
2. Name or trade name, address of the headquarters, identification number, fiscal code, legal for and forename, name, permanent domicile address, personal identification number of the person which is the statutory body or member of the statutory body, in case of legal entity.
b) Identification number of the receiver of the donation, name, address of the headquarters, identification number, and in case of financial donation the trade name of the bank or branch and account number of the receiver.
c) Details on donation's object, meaning:
1. Value of financial donation
2. Exact marking of the movable assets, excluding the exchange with another movable asset, and its value, according to the assessment of an expert
3. In case of immovable assets, marking of the real estate according to the cadastral details, including the value of the real estate according to the legal expertise.
d) Place and date of conclusion of the donation agreement
e) Authenticated signature of the donor 1) at the date of signing the agreement or the latest at the date of the donation; in case of a donation smaller than euro 500, the agreement may be signed by an authorized person of the party.
(3) By non-refundable funds shall be understood, according to this law:
a) Lease of movable or immovable assets
b) Performance of a service free of charge
c) Value of a party's debt, taken over by a natural person or legal entity
d) Difference between the normal purchase or rental price of a movable or immovable asset and the price established by common consent, which the party shall pay to the natural person or legal entity, if the established price is smaller than the real one; the real price shall be the price at which such a movable or immovable asset is normally sold or rented, or
e) Difference between the normal price for the performance of a service and the usual price, which the party shall pay to the legal entity or natural person, if the price established by common consent is smaller than the real one; the real price shall be the market price that should have been paid for the performance of such a service.
(4) The party has the obligation to publish at each three months the list of donors on its website, within 30 days as of the end of each 3 months term. The list of donors must include the forenames, names and permanent domicile addresses of the donors in case of natural persons - contractor and trade name in case of legal entities, name or trade name and headquarters address and value of the financial donation.
(5) The provisions of point 2 shall apply in case of non-refundable funds agreement.

Categories - Party finance (Private funding)
- Secondary legislation (Secondary legislation)
Source Source: http://www.zbierka.sk/zz/predpisy/default.aspx?PredpisID=18526&FileName=05-z085&Rocnik=2005 (Accessed: January 2011)