Italy - 2012 Party Finance Law

Title Article 5 - Articles of incorporation and charters of political parties and movements
Article

5

1. Political parties and movements, including the lists of Candidates that do not represent the direct expression thereof, in case they are entitled to reimbursements of electoral expenses or of contributions provided by this law, have the obligation to adopt articles of incorporation and a statute submitted in copy to the President of Senate of the Republic and to the President of the Chamber of Deputies within forty five after the date of the elections. The articles of incorporation and the statute shall be drafted as public document and shall indicate, in each case, the competent body to approve the financial statement of the financial year and the body liable for the economic and financial management. The statute must comply with the democratic principles of internal life, in particular with reference to the selection of candidates, the rights of minorities and the rights of members
2. Political parties and movements, including the lists of Candidates that do not represent their direct expression, that do not submit to the President of Republic's Senate or the President of the Chamber of Deputies the documents provided at line 1 within the provided term, do no longer have the right to reimbursements of electoral expenses and to the co-funding share they are eventually entitled to.

Categories - External oversight (Sanctions)
- External oversight (Subject of monitoring)
- External oversight (Type of authority)
- Extra-parliamentary party (Internal procedures)
- Party finance (Direct public funding)
- Party finance (Report and disclosure)
Source http://www.normattiva.it/uri-res/N2Ls?urn:nir:stato:legge:2012-07-06;96