¹ The duty to keep accounts and file financial reports in accordance with the following provisions applies to:

1.

sole proprietorships and partnerships that have achieved sales revenue of at least 500,000 francs in the last financial year;

2.

legal entities.

² The following need only keep accounts on income and expenditure and on their asset position:

1.

sole proprietorships and partnerships with less than 500,000 francs sales revenue in the last financial year;

2.

associations and foundations which are not required to be entered in the commercial Register;

3.

foundations that are exempt from the requirement to appoint an external auditor under Article 83b paragraph 2 Swiss Civil Code⁷⁷⁶.

³ For undertakings in accordance with paragraph 2, recognised accounting principles apply mutatis mutandis.