Political Parties Act Article 21

Political parties shall submit their annual property statements and financial statements of the previous year to the competent authority before May 31 each year.The annual property statements and financial statements shall contain the following documents:1. A written report of the final accounts2. A financial statement for income and expenditures3. A balance sheet4. An inventory of propertyThe property and financial statements described in Paragraph 1 shall be signed or stamped by the party leader, audited and certified by a certified public accountant commissioned by the political party, and passed by the party congress or representative assembly. If no party congress or representative assembly is held in that year, that fact shall be noted in the statements, and the statements shall be ratified during the party congress or representative assembly held in the following year.The competent authority shall compile the property and financial statements described in Paragraph 1 within forty-five (45) days after the submission deadline and shall make the information publicly available in government bulletins, government newsletters, and on the internet.Political parties that fail to submit property statements and financial statements pursuant to Paragraphs 1 to 3 shall be notified by the competent authority of a date by which said statements must be submitted; political parties that submit statements that do not meet the requirements shall be notified by the competent authority of a date by which revised statements must be submitted. The competent authority shall make public announcements in government bulletins, government newsletters, or on the internet regarding political parties that fail to submit property statements and financial statements, fail to make required revisions to such statements, or remain noncompliant after corrections have been made.