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One. Contributions from members.
Political parties may receive, in accordance with their articles of association, fees and contributions from their members and supporters.
Two. Private donations to political parties.
a) Political parties may receive cash or in kind donations, for unspecified purposes and bearing the donor's name, from natural or legal persons, within the limits and in accordance with the requirements and conditions established in this Law.
The donations received in accordance with that established in this Law, which shall be irrevocable, must be destined to carrying out the activities of the receiving entity.
The value of in kind donations shall be established in accordance with that provided in Law 49/2002 of 23 December, on the tax scheme applicable to non-profit entities and fiscal incentives for patronage.
b) The donations from legal persons shall require a prior agreement adopted in due form by the company's governing body, specifically mentioning in the minutes that the donation is in keeping with the provisions of this Law.
Political parties may not accept or receive, directly or indirectly, donations from public organisations, entities or companies.
c) Political parties may also not accept or receive, directly or indirectly, donations from private companies which, under a contract in force, render services or perform work for public administrations, public organisations or companies in which the state has a controlling interest.
d) The funds donated to political parties must be paid into accounts in financial institutions which have been opened exclusively for that purpose. Only donations may be deposited into these accounts.
e) With regard to the donations covered in this article, a record must be kept of the date and the amount of the deposit, as well as the name and the fiscal identity number of the donor. The financial institution where the deposit is made shall be obliged to provide the donor with a document confirming the details mentioned above.
f) With regard to donations in kind, their effective reception shall be confirmed in a certificate issued by the political party, specifying, together with the identity of the donor, the public document or other authentic document that confirms the transfer of the donated good, with express mention of the irrevocable nature of the donation.
Three. Assimilated transactions.
Political parties may not accept, directly or indirectly, third parties effectively assuming the cost of their acquisitions of goods, works or services or any other expense incurred in their activity.
Infringements of that provided in the previous paragraph shall be penalised in accordance with that established in article 17 a) of this Law.