(1) In order to receive the State budget financing, the political organisation (party) shall open a separate account with a credit institution registered in Latvia and, within 20 days following the day of the announcement of the voting results, submit in writing a submission to the Corruption Prevention and Combating Bureau, indicating the name, registration number and account number of the political organisation (party). Submissions after the abovementioned time limit shall not be accepted. (2) Within 20 days following the expiry of the time limit referred to in Paragraph one of this Section, the Corruption Prevention and Combating Bureau shall examine the submissions received and take the decision to grant the State budget financing or a substantiated refusal to grant the State budget financing. (3) The State budget financing shall be transferred to the account indicated by the political organisation (party). (4) If the political organisation (party) has not transferred financial resources into the State budget in the case provided for in Section 7.¹, Paragraph five or Section 10, Paragraph 3.¹ of this Law, the Corruption Prevention and Combating Bureau shall deduct the relevant financial resources from the next payments of the State budget financing. [10 June 2010; 14 November 2019]
§ Section 7.²Granting of the State Budget Financing
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