Slovakia - 2005 Party Law

Part Part IV Economic managment and financing
Title Article 27 Activity contribution
Article

27

(1) Each party obtaining contributions for votes has the right to contributions for activity. If the party participated to elections as part of a coalition with another party or other parties, the financial contribution may be cashed in by the party according to a written agreement between the parties, providing which party or which parties shall receive the contribution and in which percentage. The right to contribution for activity shall be granted for the entire month of the elections and shall expire at the end of the month preceding the month in which the following elections take place.
(2) The contribution for activity equals the total amount of the contribution for votes divided to 48. In the elections year maximum three parts of the amount shall be paid, and for each full year of mandate shall be paid 12 parts and in the year of the following elections the rest of the amount shall be paid. If the activity of the National Council of the Slovak Republic is concluded before the end of the mandate, the remained parts shall be decreased by the number of months the mandate was shortened.
(3) The contribution for activity shall be paid:
a) In the election year within 30 days as of the payment of the contribution for votes according to § 26,
b) During the mandate within 30 days as of the submission of the yearly report according to § 30
c) During the year of the following elections, within 30 days as of the announcement of the term of the elections.
(4) The contribution for activity shall not be paid to the party that did not submit the preliminary and final report or that did not submit the yearly report for the previous calendar year and that had this obligation according to § 30 line 1.
(5) If the party has been annulled, it has the right to receive the financial parts related to the period of activity for the concerned year, until the date of annulment and for each calendar month in progress. If the party has been annulled after cashing in the contribution for activity, the party's attorney-at-law or the liquidator has the obligation to return to the state budget the amounts of this contribution for activity for the period of time after the annulment of the party, within 30 days as of the annulment of the party.

Categories - External oversight (Sanctions)
- Extra-parliamentary party (Cease of existence)
- Party finance (Direct public funding)
- Party finance (Report and disclosure)
Source Source: http://www.zbierka.sk/zz/predpisy/default.aspx?PredpisID=18526&FileName=05-z085&Rocnik=2005 (Accessed: January 2011)