7.2

(1) In order to receive State budget financing, a political organisation (party) shall open a separate account in a credit institution registered in Latvia and within 20 days following the day of the announcement of the voting results, lodge a submission in writing to the Corruption Prevention and Combating Bureau, indicating the name, registration number and account number of the political organisation (party). Submissions after the time period referred to shall not be accepted.

(2) Within 20 days following the expiry of the time period referred to in Paragraph one of this Section the Corruption Prevention and Combating Bureau shall examine the submissions received and take a decision regarding the granting of State budget financing or a substantiated refusal to grant State budget financing.
(3) State budget financing shall be transferred to the account indicated by the political organisation (party).
[10 June 2010 law edition come on force July 14 2010]