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(1) A political party or movement is abolished
a) as a result of its own decision, in particular by voluntary dissolution, merger with another political party or movement or transformation into an unincorporated association1),
b) if it fails to present its financial report to the Chamber of Deputies within the time limit specified in this act of law (Article 18, Sections 1 and 2),
c) as a result of judicial resolution.
(2) If no abolishment resolution method is specified in its statutes pursuant to Section 1, Subsections a) and b) herein, a political party or movement shall be abolished by its supreme body.
(3) After a political party or movement has been abolished, its bodies may only act in matters related to its abolishment unless their executive powers are transferred to a legal successor or liquidator.
(4) If a political party or movement is abolished as a result of its merger with another political party or movement or transformation into an unincorporated association1), all assets and liabilities shall be transferred to its legal successor.
(5) If it is decided that a political party or movement will be abolished as a result of voluntary dissolution or as a result of its failure to present its annual financial report to the Chamber of Deputies, the body which adopts such decision must also appoint a liquidator of its assets. The Ministry must be informed of the abolishment or dissolution of a political party or movement by its liquidator within 5 days.
(6) A political party or movement may be abolished as a result of a judicial resolution [Section 1, Subsection b) herein] if its activities contravene Articles 1 - 5 or if the reasons due to which its activities have been suspended prevail even after the expiration of the time limit specified in the relevant judicial suspension resolution. The court of justice which decides that a political party or movement is to be dissolved must also specify a liquidator who must not be a member of such political party or movement.
(7) If there is a direct connection between the reasons due to which a political party or movement is dissolved by a judicial resolution and the acquisition or utilisation of its assets, the same court of justice may also decide that any and all assets remaining at the end of liquidation proceedings will be escheated.