Latvia - 1995 Party Finance Law

Title Section 6. Restrictions for Financing
Article

6

(1)Political organizations (parties) gifts (donations) or any other way to finance is prohibited:
1)State and local governments, except as otherwise provided by law;
2)State and local authorities, companies and limited companies, as well as companies in which the State or local government share capital individually or in aggregate exceed 50 percent;
3)Other national authorities, companies, corporations, banks, insurance companies, organizations and citizens, as well as stateless persons;
4)Religious organisation

(2)All gifts (donations) of financial assets shall be transferred directly into the bank account of the relevant political organisation (party), but other gifts (donations) shall be given, transferred or submitted directly and without mediation to the relevant political organisation (party).

(3)It is prohibited to finance political organisations (parties) through a third party.

(4)It is prohibited to establish special funds - the legal person or any other intermediary, the company or companies for the financing of political organizations (parties).

 

Categories - Party finance (Private funding)
Source htt://www.likumi.lv/doc.php?id=36189&version_date=16.08.1995#p7