Latvia - 2011 Party Finance Law

Title Section 4. Gifts (Donations)
Article

4

(1) In accordance with the restrictions referred to in Section 6 of this Law, political organisations (parties) may accept gifts (donations) from:
1) Latvian citizens;
2) persons who in accordance with law have the right to receive an Aliens passport of the Republic of Latvia; or
3) [excluded with the law of 12 February 2004]

(2) A natural person is allowed to make a gift (a donation) to one political organisation (a party) for the sum not exceeding the amount of 100 minimum monthly salaries over a period of one calendar year.

(3) Within 15 days after the receipt of a gift (donation) the political organisation (party) shall inform the Corruption Prevention and Combating Bureau thereof. The Corruption Prevention and Combating Bureau shall publish information on its Internet homepage regarding gifts (donations) received by a political organisation (party). The information to be indicated in the report of a political organisation (party) and the procedures for the submission thereof, as well as the procedures by which information shall be published regarding the gifts (donations) received by a political organisation (party) and the content of this information shall be determined by the Cabinet.

(4) The gift (donation) shall be considered accepted if the political organisation (party) within a period of 30 days as of the receipt of the gift (donation) has not transferred (given) it back to the giver (donor). Information regarding the gifts (donations) not accepted shall be published on the Internet.
[with amendments made with 6 June 2002; 12 February 2004; 17 July 2008; 10 June 2010 law shall come on force July 14 2010]

Categories - Party finance (Private funding)
Source http://www.likumi.lv/doc.php?id=36189 (accessed: August 2012)