§ § 12⁶Affiliated organisation of political party and participation in other legal persons

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(1) For the purposes of this act ‘affiliated organisation of a political party’ means a foundation or a non-profit association whose founder or member the political party is and whose activities are aimed at the attainment of the goals and objectives of the political party laid down in § 1 of this Act. The requirements for political parties laid down in §§ 121–124 of this Act also extend to the affiliated organisations of political parties. Donations of a political party to its affiliated organisation are permitted.
(2) A political party cannot be a shareholder of any other legal person.
(3) A political party may trade in securities in the securities market in accordance with the Securities Market Act.
(4) A political foundation on the European level is not an affiliated organisation of a political party for the purposes of Regulation (EC) No. 2004/2003 of the European Parliament and of the Council on the regulations governing political parties on the European level and the rules regarding their funding (OJ L 297, 15.11.2003, pp. 1-4).
(5) A political party must inform the political party funding supervision committee of its affiliated organisations.
[RT I, 10.12.2010, 1 – entry into force 01.04.2011]

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