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(1) The Sofia City Court shall rule on the dissolution of a political party only in the cases where:
1. by its activity the party systematically breaches the requirements of this law;
2. its activity runs counter to the provisions of the Constitution;
3. for more than five years from its latest court registration the party has not participated in elections for Deputies, for President and Vice President or for municipal councilors and Mayors;
4. The party has not submitted its annual financial reports to the National Audit Office for two consecutive years;
5. The party has not carried out the scheduled meetings of its supreme organ more than two consecutive times but no less than once in five years, and has not presented the composition of the new management before the court.
(2) The court decision per par. 1 shall be issued at the request of the prosecutor.