48. Do political parties have to report on their election campaign finances?

18 (2) Every political party which sponsored a candidate shall, within one hundred and eighty days after the submission of the report by the candidate, transmit to the Registrar the report containing true returns in the prescribed form in relation to the candidate, a financial statement of all expenses incurred together with all bills and receipts or some other evidence of payment. 

(3) The report shall contain-

(a) a financial report of election expenses

(b) an account of all funds received by a candidate or any other person on his behalf for the purpose of election expenses incurred, with a statement of every payment and sources of those funds;

(c) statement by the candidate verifying the report and stating that no payment not permitted by the Act was made with his knowledge and consent to his knowledge and belief every expenses incurred are entered in the report of the political party

(d) the audit report thereon as required under this Act

Election Expenses Act 2010

8(1) A political party is required to disclose funds which it intends to use as election expenses, that political party shall fill in Form EE.3 specified in the Schedule of these Regulations

(2) The disclosure by a political party shall contain similar information required under Regulation 7(2) (amount of money, other types of funds which can be cashed or converted into money vlaue or money worth, sources of money or other type of funds, and any other thing intended to be used during election campaigns.

(3) Where a political party is required to disclose funds which it intends to use for presentation and promotion of candidates sponsored by that political party as election expenses that political party shall fill in Form EE.4 specified in the Schedule of these Regulations

10 (1) All voluntary donations made to a candidate or a political party shall be clearly recorded in Form EE.7 and Form EE.8 repectively-

(a) name and physical address of the donor

(b) name and physical address of the donee

(e) purpose of donation

(f) date of donation

(2) Voluntary donations made to a candidate or a political party shall be disclosed to the Registrar sequentially showing donations-

(a) from sources outside the United Republic, whether obtained directly or through sources within the United Republic

(b) from foreign organizations stationed within the United Republic, or

(c) from any person resident in the United Republic who is not a citizen of the United Republic

11. The report on funds expended in excess of the limits specified in subsection (2) of Section 10 of the Act, shall be made-

(a) in case of a political party, in Form EE.9 set out in the Schedule of these Regulations;

Elections Expenses Regulations 2010