LAW OF THE REPUBLIC OF MOLDOVA

of October 31, 2002 No. 1420-XV

About charity and sponsorship

The Parliament adopts this organic law.

Chapter I General provisions

The text of Chapter is excluded according to the Law of the Republic of Moldova of 07.07.2022 No. 182

Article 1. Purpose and tasks of the law

(1) the Purpose of this law are establishment of the main regulatory base of the charitable and sponsor's activities performed by legal entities and/or physical persons, the state guarantees of charitable and sponsor's activities and also determination of forms of its support by bodies of the central and local public authority.

(2) the Main tasks of this law are:

a) development of charitable and sponsor's activities in the Republic of Moldova;

b) providing with the necessary regulatory base for application of the state guarantees in case of implementation of charitable and sponsor's activities;

c) ensuring transparent practice of charitable and sponsor's activities;

d) assistance of charitable and sponsor's activities by ensuring its uniformity according to requirements of this law.

(3) Transfer financial and appliances, assistance are not recognized to the legal entities pursuing revenue generating purpose, donations and fees in support of political parties and other social and political organizations by charitable and sponsor's activities any other form.

(4) For the purpose of this law mutual provision financial and appliances physical persons or legal entities are not charitable and sponsor's activities.

Article 1-1. Basic concepts

(1) For the purpose of this law the following basic concepts are used:

charity - voluntary, impartial, disinterested and untied transfer of property on property or rights of possession, uses and orders it, and also disinterested (non-paid or on favorable terms) performance of works or provision of services by physical person or legal entity which are performed in the stipulated in Article 2 purposes;

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