(1) On a yearly basis, by 30 April of each year, political parties shall submit to the Permanent Electoral Authority an in-depth report on the income obtained and expenses incurred during the previous year.

(2) The reports provided for in paragraph (1) shall also include detailed descriptions of the income and expenses of the internal structures of the political parties provided for in Article 4 paragraph (4) of Law No. 14/2003 on the political parties, as republished, of the income and expenses of the persons having a direct or indirect connection with the political party, as well as of the forms of association provided for in Article 17 of this law.

(3) Political parties shall be required to submit their annual financial statements to the Permanent Electoral Authority within no more than 15 days from the registration thereof with the competent tax authority.

(4) The Permanent Electoral Authority shall publish on its own web page the reports provided for in paragraph (1), the annual financial statements, as well as summaries thereof, within 5 days from the submission date thereof.

(5) The political parties’ accounts shall be organised and managed, at national and county level, in accordance with the provisions of Accountancy Law No. 82/1991, as republished, with subsequent amendments and supplements.