Page:Albania Law No. 8788 On Non-Profit Organizations.pdf/14

 organization. In cases when a non-profit organization dissolves voluntarily, the organizations profiting from the property that remains are specified in the charter or in a decision of the highest decision making organ. When this specification is not done, the organizations that profit are determined by the court.

'''Article 48 De-Registration'''

When the dissolution has been decided by the non-profit organization itself, the competent organ according to the charter approves the final report of the liquidator and asks the court to de-register the non-profit organization. In cases when the competent organ of the non-profit organization does not approve the final report of the liquidator or the dissolution, and the court has decided in the liquidation in a judicial session in the presence of the representatives of the non-profit organization and the liquidator, it examines the final report of the liquidator and takes a decision on its de-registration.

CHAPTER X TRANSITIONAL AND FINAL PROVISIONS

'''Article 49 Supplemental Actions of Non-profit Organizations'''

Foreign non-profit organizations with temporary activity in Albania shall submit a request for approval by the competent state organ that exercises activity in the same field or in a field close to that of the foreign non-profit organization within six months from the entry of this law into force. Otherwise, the foreign non-profit organizations with temporary activity in Albania interrupt their activity. Foreign non-profit organizations that have permanent activity with independent branches or affiliated offices in Albania and who have not registered according to Albanian law continue their activity. Within one year from the entry of this law into force, they shall submit a request and be registered in court, otherwise they lose the status of a juridical subject and their activity is considered unlawful.

'''Article 50 Regulation of the Required Form for Existing Non-profit Organizations'''

In cases when the activity of existing non-profit organizations is not in conformity with the provisions of this law, within one year from the entry of this law into force they shall go to court to make the necessary regulation. The court expresses itself only in the cases when the amendments deposited are not in compliance with the provisions of this law. The regulation made in implementation of the first paragraph of this article are considered amendments and not as re-registration.

Article 51 Law no. 7695 dated April 7, 1993 "On Foundations" is repealed.

'''Article 52 Entry into Force'''

This law is effective 15 days after publication in the Official Journal.

Chairman

Skënder Gjinushi

[1] Translator's note: in this unofficial copy from Parliament, there are two article 12's, since the paragraphs were not renumbered after the last-minute