§ 1 Within 3 months from the date of the election, the financial representative shall submit to the competent electoral body, to which the elections committee submitted its notification of establishment, a report on revenues, expenditures and financial commitments of the committee, including bank loans and the basis on which they were obtained hereinafter referred to as "financial report."

§ 2 If the financial report shall be submitted to the National Electoral Commission to reporting statements shall be accompanied by an auditor's report.

§ 3 An auditor's opinion and report, is not required in the cases where the financial representatives submits a declaration within 30 days of election day, notifying the competent authority that the election committee had no income, no expenses were incurred and no financial obligations were undertaken.

§ 4 The auditor referred to in § 2, the National Electoral Commission is selected from among candidates nominated by the National Council of Chartered Accountants in the number agreed with the National Electoral Commission.

§ 5 The election commissioner, examining the financial reports, may order analysis, expert opinion and reports.

§ 6 The costs of an opinion and the reports referred to in § 2 and 5, are charged to the state budget in the Budget, in the section on public finances and financial institutions.

§ 7 The minister responsible for public finance, after consultation with the State Electoral Commission, shall, by regulation, establish the form of financial reports and the detailed scope of information required to be contained therein as well as a list of the types of documents that must accompany the financial report, so to enable verification of the reports and information provided.