Home > 2.6 Campaign finance > ROMANIA - Law no. 334/2006 on financing the activity of political parties and electoral campaigns
 
 
 
Download file    
 
 
Article 3
 

(1) The financing sources for the activity of a political party are:


a) party membership fees;


b) donations, legacies and other liberalities;


c) incomes from the party own activities, according to art. 12;


d) subsidies from the state’s budget.


(2) The political parties are not allowed to have and use other financing sources than the ones stipulated at para (1).


(3) The political parties have the obligation to organize their own accounting books, according to the accounting provisions currently in force.


(4) The cash and payment operations of the political parties shall be made through bank accounts, in lei and foreign currency, opened at banks having their headquarters in Romania, according to the law.


(5) The incomes from the activities stipulated at para (1) letter c) are exempted from taxes and fees.