Regulations
As of 1 November 2008, the regulation governing Europarties is Regulation (EC) No 2004/2003 of the European Parliament and of the Council of 4 November 2003, as later amended under codecision (see above). According to that regulation's European Commission factsheet, for a party to become a Europarty it must meet the following criteria:
- it must have legal personality in the Member State in which its seat is located.
- it must observe the founding principles of the European Union, namely the principles of liberty, democracy, respect for human rights and fundamental freedoms, and the rule of law.
- it must have participated, or intend to participate, in elections to the European Parliament.
- it must have in at least one quarter of the Member States, one or both of the following:
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- either it must have received at least 3% of the votes cast in each of those Member States at the most recent European Parliament elections.
- or it must already be represented by Members, whether Members of the European Parliament for those states, or Members of the national Parliaments of those states, or Members of the regional Parliaments of those states, or Members of the regional Assemblies of those states.
- it must publish its revenue and expenditure annually.
- it must publish a statement of its assets and liabilities annually.
- it must provide a list of its donors and their donations exceeding €500.
- it must not accept anonymous donations.
- it must not accept donations exceeding €12,000 per year and per donor.
- it must not accept donations from the budgets of political groups of the European Parliament.
- it must not accept more than 40% of a national political party's annual budget.
- it must not accept donations from any company over which the public authorities may exercise a dominant influence, either by virtue of their ownership of it, or by their financial participation therein.
- it must get at least 15% of its budget from sources other than its European Union funding.
- it must submit its application by the 30 September before the financial year that it wants funding for.
Read more about this topic: European Political Party
Famous quotes containing the word regulations:
“If it were possible to make an accurate calculation of the evils which police regulations occasion, and of those which they prevent, the number of the former would, in all cases, exceed that of the latter.”
—Karl Wilhelm Von Humboldt (1767–1835)
“The admission of Oriental immigrants who cannot be amalgamated with our people has been made the subject either of prohibitory clauses in our treaties and statutes or of strict administrative regulations secured by diplomatic negotiations. I sincerely hope that we may continue to minimize the evils likely to arise from such immigration without unnecessary friction and by mutual concessions between self-respecting governments.”
—William Howard Taft (1857–1930)
“If the veil were withdrawn from the sanctuary of domestic life, and man could look upon the fear, the loathing, the detestations which his tyranny and reckless gratification of self has caused to take the place of confiding love, which placed a woman in his power, he would shudder at the hideous wrong of the present regulations of the domestic abode.”
—Lydia Jane Pierson, U.S. women’s rights activist and corresponding editor of The Woman’s Advocate. The Woman’s Advocate, represented in The Lily, pp. 117-8 (1855-1858 or 1860)