Latvia - 2011 Party Finance Law

Title Section 7. Prohibition on Anonymous Gifts (Donations)
Article

7

(1) Financing of political organisations (parties) in the form of anonymous gifts (donations) is prohibited.

(2) Within the meaning of this Law a gift (donation) is anonymous if in the accounting documents of the political organisation (party) the given name, surname, personal identification number and place of residence in respect of the giver (donor) - a natural person - are not indicated.

(3) If a political organisation (party) receives an anonymous gift (donation), such financial resources shall be transferred to the State budget within a period of five days of the receipt thereof, but property shall be transferred to State property in accordance with the procedures specified by the Cabinet.

(4) [excluded with the law of 12 February 2004]

(5) [excluded with the law of 12 February 2004]
[with amendments made with 6 June 2002; 12 February 2004 law shall come on force March 12,h 2004]

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