Latvia - 2011 Party Finance Law
Title | Section 7.5 State Budget Financing in the Event of the Reorganisation, Liquidation and Establishment of Political Organisations (Parties) and the Associations Thereof |
Article |
7.5 (1) If an association of political organisations (parties), which receives State budget financing, is liquidated, the political organisations (parties) which form the association of the relevant political organisations (parties) at the time of liquidation, shall subsequently receive State budget financing, proportionate to the number of members elected to the Saeima. (2) If a political organisation (party) stands down from an association of political organisations (parties) which receives State budget financing, or a political organisation (party) forming the association of political organisations (parties) is liquidated, but the relevant association of the political organisations (parties) continues to operate, the relevant association of the political organisations (parties) shall continue to receive State budget financing. (3) If two or more political organisations (parties) which receive State budget financing, unite following the Saeima elections, by establishing an association of political organisations (parties), the political organisations (parties) forming it shall continue to receive State budget financing after merging. (4) If one or several political organisations (parties) which receive State budget financing join another political organisation (party) after the Saeima elections, the State budget financing shall not be pooled. The political organisation (party) to which other political organisations (parties) have joined shall continue to receive the budget financing granted before the merging. (5) If two or more political organisations (parties) which receive State budget financing, merge after the Saeima elections, by establishing a new political organisation (party), then it shall not receive State budget financing after the merging. (6) If a political organisation (party) which receives State budget financing, splits, establishing new political organisations (parties), none of the newly-established political organisations (parties) shall receive State budget financing. (7) If one or several new political organisations (parties) split from a political organisation (party) which receives State budget financing, the political organisation (party) from which the newly established political organisations (parties) have split shall continue to receive State budget financing in the full amount. |
Categories |
- Extra-parliamentary party (Cease of existence) - Party finance (Direct public funding) |
Source | http://www.likumi.lv/doc.php?id=36189 (accessed: August 2012) |