55. Which institution(s) receives financial reports from political parties and/or candidates?

Section 30, paragraph 5, of Act 85/2005, of the Law on Political Parties (85/2005 Coll. ACT from 4February 2005 on Political Parties andPolitical Movements)

As regards the annual report on the regular finances of the party, the National Council (or its authorised body) performs a formal control if all the required information (see paragraph 45 above) and the auditor’s report are included in the annual report. Although Section 30, paragraph 5, of Act 85/2005 implies that the National Council also checks whether the information contained in the annual report is correct and complete and whether there are no other breaches of the law identified in the annual reports, in practice it would rely on the auditors’ report.  The State Commission for the Elections and Control of Political Parties Funding acts as an independent body to oversee the funding of political parties and political movements.