2

(1) Political organisations (parties) may be financed by:
1) membership fees and joining fees;
2) gifts (donations) from natural persons;
3) the income earned by economic activities of the relevant political organisation (party);
31) the State budget - in cases determined by law; and
4) other sources of financing, except by those prohibited to finance political organisations (parties) by law.

(2) Within the meaning of this Law, a gift (donation) is any financial or other types of gratis benefits including services, transfer of rights, release of a political organisation (party) from an obligation, refusal from any right in favour of a political organisation (party), as well as other activities by which any benefit is granted to the political organisation (party). Within the meaning of this Law, a gift (donation) is also a transfer of movable or immovable property to the ownership of the political organisation (party) and provision of services to the political organisation (party) for a charge lower than the market value of the relevant movable or immovable property or service.
(21) The restrictions of gifts (donations) determined by this Law shall not be applicable to those mutual transfers and account settlements that are performed between an association of political organisations (parties) and the political organisations (parties) formed thereby, or between two or more political organisations (parties) forming one association of political organisations (parties).

(3) Natural persons may give gifts (donations), pay membership fees and joining fees from the income thereof which has been obtained during the same calendar year or preceding two calendar years and the types of which are specified in Sections 8 and 9 of the Law On Personal Income Tax.

(4) Upon a request of the Corruption Prevention and Combating Bureau the giver (donor) shall, in accordance with the procedures determined by the Cabinet, submit to the Corruption Prevention and Combating Bureau information regarding income, money provisions and property thereof.

(5) Where the Corruption Prevention and Combating Bureau finds it necessary, the giver (donor) shall, in addition to the information submitted regarding the income, money provisions and property thereof, submit documents that certify the legality of the origin of the financial sources.

(6) Having determined a gift (donation) which does not comply with the requirements of Paragraph three of this Section, the Corruption Prevention and Combating Bureau shall inform the State Revenue Service thereof.
[with amendment made at 6 June 2002; 12 February 2004; 17 July 2008; 10 June 2010 law shall come into force on July 14 2010]