53. Must reports from political parties and/or candidates include information on itemized income?
Bhutan
Source: Section10, Guidelines for Scrutiny of the Books of Accounts of the Registered Political Parties, 2015
10.1. Every Party is required to appoint a Treasurer declared at the time of registration to maintain its books of accounts of all income and expenditure.
10.2. The Parties are required to prepare and maintain detailed income and expenditure, including details of income and assets, how and from where they were acquired and details of all expenditure.
10.3. The Division may check reports of income and expenditure of Parties at any time as may be required by the Commission.
Source: Chapter 8 (Sections 152 & 153), Election Act of the Kingdom of Bhutan 2008
152. A political party shall maintain a correct and up-to-date account of all:
(a) Amounts received by, or on behalf of the party during the financial year;
(b) Amounts paid by, or on behalf of the party during the financial year; and
(c) Assets and liabilities accrued, by or on behalf of the party, as at the end of the financial year.
153. Every political party shall, within three months after the end of each financial year, furnish in the prescribed form a true copy of the account under section 152 to the Election Commission and a copy be made available for public scrutiny in a manner prescribed by the Commission.
