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1. The objective of this Law shall be to ensure democracy of political campaigns, legality, transparency and openness of funding of political parties and political campaigns, to regulate the procedure and control of funding of political parties and political campaigns.
2. This Law shall not regulate the funding of, and control over the funding of, political parties which under Articles 2 and 3 of Regulation (EC) No 2004/2003 of the European Parliament and of the Council of 4 November 2003 on the regulations governing political parties at European level and the rules regarding their funding (OJ 2004 special edition, Chapter 1, Volume 4, p. 500) are considered to be political parties at European level and whose seats are located not in the Republic of Lithuania.