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(1) Political parties and movements are regarded as dissolved on the day they are deleted from the register of political parties and movements by the Ministry (hereinafter only the "deletion").
(2) If a political party or movement is abolished without liquidation, an application for deletion shall be presented to the Ministry by its competent body within 10 days after the date of abolishment resolution. If a political party or movement is abolished with liquidation, an application for deletion shall be presented to the Ministry by its liquidator within 10 days after the date of liquidation completion.
(3) Before a political party or movement is dissolved, it has to be abolished, either without liquidation (if all its assets and liabilities are to be transferred to a legal successor) or with liquidation (if its assets and liabilities are not to be transferred).
(4) Unless specified otherwise by the law, the assets and liabilities of an abolished political party or movement are liquidated pursuant to the same legal regulations as the assets and liabilities of commercial companies. If its liquidator finds out at any time during liquidation that the abolished political party or movement is insolvent, he shall be obligated to initiate bankruptcy proceedings. Any and all assets remaining after the completion of liquidation proceedings shall be disposed of by the liquidator pursuant to the statutes of the abolished political party or movement (Article 6, Section 2, Subsection b), Paragraph 9).