1 OFFICIAL GAZETTE OF THE REPUBLIC OF KOSOVA / No. 01 / 12 JANUARY 2012, PRISTINA LAW No.04/L-058 ON AMENDING AND SUPPLEMENTING THE LAW NO. 03/L-174 ON FINANCING POLITICAL PARTIES Assembly of Republic of Kosovo, Based on Article 65 (1) of the Constitution of the Republic of Kosovo, Approves: LAW ON AMENDING AND SUPPLEMENTING THE LAW NO. 03/L-174 ON FINANCING POLITICAL PARTIES Article 1 Purpose The purpose of the Law is to amend and supplement the Law No. 03/L-174 on Financing Political Parties (Official Gazette, No. 82, 21 October 2010). Article 2 1. Article 7 of the basic Law, paragraph 3 shall be amended and reworded as following: 3. Amount of budget dedicated to support fund for political subject cannot exceed 0.34% of the Budget of Republic of Kosovo. 2. Article 7 of basic Law, paragraph 4 shall be deleted from the text of the Law. Article 3 Article 8 of basic Law, paragraph 1 shall be amended and reworded as following: 1. The allocated funds may be used for these purposes: 1.1. financing the regular activities of political parties; 1.2. financing the branches of the political subjects; 1.3. financing the respective unites of organization of women and youth of the political subjects; 1.4. financing the pre-election and election activities of the political subjects; 1.5. financing the activities of parliamentary groups. Article 4 1. Article 10 of the basic Law, paragraph 2. sub-paragraph 2.2 shall be amended and reworded as following: 2 2.2. 10% of funds shall be allocated proportionally for other political subjects registered and certified by the Central Election Commission, for respective elections. 2. Article 10 of the basic Law, after paragraph 2, there is added a new paragraph 3, with the following text: 3. Political party which benefits financial means in accordance with paragraph 2 of Article 10 of this Law, if it does not participate in respective elections, shall be obliged to return the means to budget of Kosovo. Article 5 Article 11 of the basic Law, after paragraph 2. there is added a new paragraph 3 with the following text: 3. There is prohibited the granting of donations from which the donor clearly may benefit any economic advantage. Donations of natural and legal persons to political parties should be done in a transparent manner in bank account and should be included in financial reports of beneficiary political parties. The financial report of political parties should contain the name and registration number of legal persons or name, surname and address of natural persons. Article 6 Article 15 of the basic Law, after paragraph 4 there shall be added a new paragraph 5 with the following text: 5. CEC shall prepare an annual report for the Assembly of the Republic of Kosovo for the distribution and expenditure of funds from the Fund, by no later than 30 June of the following year. Article 7 Article 21 of the basic Law shall be amended and reworded as following: 1. Political party shall be fined from five thousand (5.000) Euro up to fifty thousand (50.000) Euro, while the candidate for Mayor, candidate for Deputy, municipal advisor and independent candidate shall be fined from one thousand (1.000) Euro up to five thousand (5.000) Euro for violating the provisions of this Law if: 1.1. receives financial funds in contradiction with provisions of this Law and other applicable legislation; 1.2. maintains records in its files in contradiction with provisions of this Law and other applicable legislation; 1.3.they do not comply with provisions of this Law and other applicable legislation related to general and local elections. 2. A political party, that does not submit the annual financial report to the CEC within the term defined by this Law, shall loose the right to receive benefits from the fund in coming year. 3. Responsible persons within political party shall be fined from one thousand (1.000) Euro up to five thousand (5.000) Euro. 3 4. Political parties which can not prove the origin of revenues over twenty thousand (20.000) Euro will be fined three times of that amount. 5. If funds are misused by a candidate or the political party and there can be verified that the wining of mandate/s is as the result of misuse of funds in contradiction to the provisions of this Law and applicable legislation, the mandate of the candidate or political subject may be taken. 6. Political parties shall have rights to appeal against the penal provisions. Appeals shall be addressed to the Election Panel on Complaints and Appeals according to the legislation in force. 7. Revenue from fines paid under this Law shall be deposited to the budget of the Republic of Kosovo. Article 8 Article 23 of the basic Law shall be amended and reworded as following: When necessary, CEC shall issue sub- legal acts for implementation of this Law. Article 9 Entry into force This Law shall enter into force fifteen (15) days after the publication in the Official Gazette of the Republic of Kosovo. Law No. 04/L-058 21 December 2011 Promulgated by Decree No.DL-055-2011, dated 30.12.2011, President of the Republic of Kosovo Atifete Jahjaga.