Latvia - 2011 Party Finance Law

Title Section 11. Audit of Financial and Economic Activities
Article

11

(1) If the turnover of assets of a political organisation (party) exceeds 10 minimum monthly salaries per calendar year, the financial and economic activities of such political organisation (party) for the relevant year shall be audited by a sworn auditor; his or her opinion shall be attached to the annual report that is submitted to the Corruption Prevention and Combating Bureau.

(2) The audit provided for in Paragraph one of this Section shall be financed from the funds of the relevant political organisation (party).
[With amendments made with 6 June 2002; 12 February 2004; 17 July 2008 law shall come on force 13 August 2008]

Categories - External oversight (Subject of monitoring)
- External oversight (Type of authority)
- Party finance (Report and disclosure)
Source http://www.likumi.lv/doc.php?id=36189 (accessed: August 2012)