Political Finance Database

(5) The raising of revenue not provided for in this law shall be prohibited, and contributions by national corporate bodies and foreign individuals and corporate bodies shall also be strictly prohibited.
Source: Section 4(5), Legal Regime for the financing of political parties, 2008

Parties shall be prohibited to accept donations in cash from:
a) public companies;
b) companies, the capital stock of which belongs exclusively or
mostly to the State;
c) public service corporations;
d) corporate bodies of public interest committed to philanthropic
or religious activities;
e) professional, labour or employer’s associations;
f) foundations;
g) governments or foreign corporate bodies.
Source: Section 22, LAW No. 3/2004 ON POLITICAL PARTIES, 2004

Financing of candidacies shall be governed by specific legislation and, with the necessary adaptations, by the applicable norms of the law on political parties.
Source: Article 31, LAW ON THE ELECTION OF THE NATIONAL PARLIAMENT, 2006

Parties shall be prohibited to accept donations in cash from:
a) public companies;
b) companies, the capital stock of which belongs exclusively or
mostly to the State;
c) public service corporations;
d) corporate bodies of public interest committed to philanthropic
or religious activities;
e) professional, labour or employer’s associations;
f) foundations;
g) governments or foreign corporate bodies.
Source: Section 22, LAW No. 3/2004 ON POLITICAL PARTIES, 2004

(5) The raising of revenue not provided for in this law shall be prohibited, and contributions by national corporate bodies and foreign individuals and corporate bodies shall also be strictly prohibited.
Source: Section 4(5), Legal Regime for the financing of political parties, 2008

Parties shall be prohibited to accept donations in cash from:
a) public companies;
b) companies, the capital stock of which belongs exclusively or
mostly to the State;
c) public service corporations;
d) corporate bodies of public interest committed to philanthropic
or religious activities;
e) professional, labour or employer’s associations;
f) foundations;
g) governments or foreign corporate bodies.
Source: Section 22, LAW No. 3/2004 ON POLITICAL PARTIES, 2004

Financing of candidacies shall be governed by specific legislation and, with the necessary adaptations, by the applicable norms of the law on political parties.
Source: Article 31, LAW ON THE ELECTION OF THE NATIONAL PARLIAMENT, 2006

Parties shall be prohibited to accept donations in cash from:
a) public companies;
b) companies, the capital stock of which belongs exclusively or
mostly to the State;
c) public service corporations;
d) corporate bodies of public interest committed to philanthropic
or religious activities;
e) professional, labour or employer’s associations;
f) foundations;
g) governments or foreign corporate bodies.
Source: Section 22, LAW No. 3/2004 ON POLITICAL PARTIES, 2004

Parties shall be prohibited to accept donations in cash from:
a) public companies;
b) companies, the capital stock of which belongs exclusively or
mostly to the State;
c) public service corporations;
d) corporate bodies of public interest committed to philanthropic
or religious activities;
e) professional, labour or employer’s associations;
f) foundations;
g) governments or foreign corporate bodies.
Source: Section 22, LAW No. 3/2004 ON POLITICAL PARTIES, 2004

Financing of candidacies shall be governed by specific legislation and, with the necessary adaptations, by the applicable norms of the law on political parties.
Source: Article 31, LAW ON THE ELECTION OF THE NATIONAL PARLIAMENT, 2006

Parties shall be prohibited to accept donations in cash from:
a) public companies;
b) companies, the capital stock of which belongs exclusively or
mostly to the State;
c) public service corporations;
d) corporate bodies of public interest committed to philanthropic
or religious activities;
e) professional, labour or employer’s associations;
f) foundations;
g) governments or foreign corporate bodies.
Source: Section 22, LAW No. 3/2004 ON POLITICAL PARTIES, 2004

It shall be mandatory for contributions made by national individuals to be certified by a bank cheque where such contributions exceed US$ 1,000 (one thousand US dollars), and any other contribution shall be certified by a written document signed by the taxpayer and by the party official who receives the contribution, indicating its amount.
Source: Section 9, Legal Regime for the financing of political parties, 2008

Financing of candidacies shall be governed by specific legislation and, with the necessary adaptations, by the applicable norms of the law on political parties.
Source: Article 31, LAW ON THE ELECTION OF THE NATIONAL PARLIAMENT, 2006

It shall be mandatory for contributions made by national individuals to be certified by a bank cheque where such contributions exceed US$ 1,000 (one thousand US dollars), and any other contribution shall be certified by a written document signed by the taxpayer and by the party official who receives the contribution, indicating its amount.
Source: Section 9, Legal Regime for the financing of political parties, 2008

Parties shall be prohibited to accept donations in cash from:
a) public companies;
b) companies, the capital stock of which belongs exclusively or
mostly to the State;
c) public service corporations;
d) corporate bodies of public interest committed to philanthropic
or religious activities;
e) professional, labour or employer’s associations;
f) foundations;
g) governments or foreign corporate bodies.
Source: Section 22, LAW No. 3/2004 ON POLITICAL PARTIES, 2004

Financing of candidacies shall be governed by specific legislation and, with the necessary adaptations, by the applicable norms of the law on political parties.
Source: Article 31, LAW ON THE ELECTION OF THE NATIONAL PARLIAMENT, 2006

Parties shall be prohibited to accept donations in cash from:
a) public companies;
b) companies, the capital stock of which belongs exclusively or
mostly to the State;
c) public service corporations;
d) corporate bodies of public interest committed to philanthropic
or religious activities;
e) professional, labour or employer’s associations;
f) foundations;
g) governments or foreign corporate bodies.
Source: Section 22, LAW No. 3/2004 ON POLITICAL PARTIES, 2004

Any public office-holding citizen, civil servant, agent of the State or of any other public
corporation, and religious authority that abuse their functions or do so in the exercise of
such functions by using the functions as a way of constraining or inducing voters into the
choice of a specific candidate or abstention from voting for such candidate shall be
punished with a 2- to 3-year prison term or a fine penalty of $1,000 to $2,000.
Source: Article 49, Law on the Election of Suco Chiefs and Suco Councils, 2004

(1) Revenue of a political party shall include own revenue, revenue from private financing and public grants, as provided for in this law. 
(2) The following shall be deemed as own revenue: 
(a) Fees and other contributions by members of a political party; 
(b) Revenue collected from fund-raising activities carried out by a political party; 
(c) Revenue generated by property owned by a political party; 
(d) Loans taken with credit institutions established in the country. 
(3) The following shall be deemed as private financing: 
(a) Contributions by national individuals; 
(b) The product of an inheritance or legacy; 
(4) Public grants are budgetary appropriations provided as part of financing for political parties with parliamentary representation under the terms of this law. 
(5) The raising of revenue not provided for in this law shall be prohibited, and contributions by national corporate bodies and foreign individuals and corporate bodies shall also be strictly prohibited. 
Source: Section 4, Legal Regime for the financing of political parties, 2008
 

(1) Revenue of a political party shall include own revenue, revenue from private financing and public grants, as provided for in this law. 
(2) The following shall be deemed as own revenue: 
(a) Fees and other contributions by members of a political party; 
(b) Revenue collected from fund-raising activities carried out by a political party; 
(c) Revenue generated by property owned by a political party; 
(d) Loans taken with credit institutions established in the country. 
(3) The following shall be deemed as private financing: 
(a) Contributions by national individuals; 
(b) The product of an inheritance or legacy; 
(4) Public grants are budgetary appropriations provided as part of financing for political parties with parliamentary representation under the terms of this law. 
(5) The raising of revenue not provided for in this law shall be prohibited, and contributions by national corporate bodies and foreign individuals and corporate bodies shall also be strictly prohibited. 
Source: Section 4, Legal Regime for the financing of political parties, 2008
 

Financing of candidacies shall be governed by specific legislation and, with the necessary adaptations, by the applicable norms of the law on political parties.
Source: Article 31, LAW ON THE ELECTION OF THE NATIONAL PARLIAMENT, 2006

1. The sources of financing of political parties shall comprise own
revenues and revenues arising from private financing.
2. Own revenues shall consist of:
a) membership fees and other contributions from party
members;
b) proceeds from fundraising activities undertaken by the party;
c) incomes originating from party property;
d) proceeds originating from loans.
3. Private financing shall consist of:
a) donations from individuals;
b) inheritances or legacies.
Source: Section 21, LAW No. 3/2004 ON POLITICAL PARTIES, 2004

It shall be mandatory for contributions made by national individuals to be certified by a bank cheque where such contributions exceed US$ 1,000 (one thousand US dollars), and any other contribution shall be certified by a written document signed by the taxpayer and by the party official who receives the contribution, indicating its amount.
Source: Section 9, Legal Regime for the financing of political parties, 2008

(1) The National Parliament shall annually set the overall amount of public grants for political parties with parliamentary representation and such amount shall be provided for in the general budget of the State as a specific item to be included in the appropriation for the National Electoral Commission, hereinafter referred to as the CNE. 
(2) Out of the overall amount of the grant, 50% shall be equally divided among all the political parties with parliamentary representation, and the remaining 50% shall be allocated according to proportional representation, as achieved by political parties. 
Source: Section 11, Legal Regime for the financing of political parties, 2008

(1) The National Parliament shall annually set the overall amount of public grants for political parties with parliamentary representation and such amount shall be provided for in the general budget of the State as a specific item to be included in the appropriation for the National Electoral Commission, hereinafter referred to as the CNE. 
(2) Out of the overall amount of the grant, 50% shall be equally divided among all the political parties with parliamentary representation, and the remaining 50% shall be allocated according to proportional representation, as achieved by political parties. 
Source: Section 11, Legal Regime for the financing of political parties, 2008

(1) The National Parliament shall annually set the overall amount of public grants for political parties with parliamentary representation and such amount shall be provided for in the general budget of the State as a specific item to be included in the appropriation for the National Electoral Commission, hereinafter referred to as the CNE. 
(2) Out of the overall amount of the grant, 50% shall be equally divided among all the political parties with parliamentary representation, and the remaining 50% shall be allocated according to proportional representation, as achieved by political parties. 
Source: Section 11, Legal Regime for the financing of political parties, 2008

(1) Political parties shall be exempt from taxes, initial fees and legal charges. 
(2) Exemptions referred to in Paragraph 1 of this Section shall not cover business activities of a corporate nature. 
(3) Exemptions shall be suspended if a political party does not apply to contest in a election for the National Parliament or if it does not submit is annual financial reports, however such benefits shall be reinstated once the annual financial reports of the political party have been submitted or it has applied to contest in a election for the National Parliament. 
(4) Suspension shall take effect from the day of the election concerned or on the day following announcement by the CNE of political parties that have not submitted their financial reports. 
Source: Section 18, Legal Regime for the financing of political parties, 2008

1. A person who offers, promises or actually gives public or private employment
or another benefit or advantage, in connection with an election, to one or more
voters or, by agreement with the voters, to a third party, even where such
benefits are masked as cash compensation given to the voter or under the
pretext of expenditure with the electoral campaign, shall be punished with a 1-
to 2-year prison term or a fine penalty of $500 to $1,000.
2. A voter who accepts any of the benefits contemplated under item 1 above
shall be punished with a 6-month to 1-year prison term or a fine penalty of
$250 to $500.
Source: Article 51, Law on the Election of Suco Chiefs and Suco Councils, 2004

(1) Submission of detailed financial reports by political parties, as provided for in Section 3, shall be made on a regular basis 45 days before the end of the financial year, and such reports shall be accompanied by comments from the statutory competent body. 
(2) Competence to consider and validate financial reports submitted by political parties shall rest with the CNE, which shall be assisted by its own or external auditors for such consideration and validation. 
Source: Section 13, Legal Regime for the financing of political parties, 2008

(1) The CNE shall consider financial reports submitted to it within 20 days after it has received comments from its auditors. 
(2) The final decision, besides containing an individual breakdown of financial reports submitted by each political party, shall also include an indication on those parties that have not submitted their reports and those that after submitting them have not revised them following a notification to do so. 
(3) Financial reports and related final decisions shall be made public by the CNE immediately afterwards. 
(4) Financial reports and related final decisions shall be made public in the Official Gazette on a free-of-charge basis and shall be posted on the CNE’s website. 
(5) Where consideration by the CNE proves that obligations provided for in this law and carrying a fine penalty or an imprisonment sentence have not been complied with, transcripts of the financial reports concerned shall be requested and sent to the General Prosecution Service for appropriate legal action. 
Source: Section 17, Legal Regime for the financing of political parties, 2008

(1) Submission of detailed financial reports by political parties, as provided for in Section 3, shall be made on a regular basis 45 days before the end of the financial year, and such reports shall be accompanied by comments from the statutory competent body. 
(2) Competence to consider and validate financial reports submitted by political parties shall rest with the CNE, which shall be assisted by its own or external auditors for such consideration and validation. 
Source: Section 13, Legal Regime for the financing of political parties, 2008

(1) The CNE shall consider financial reports submitted to it within 20 days after it has received comments from its auditors. 
(2) The final decision, besides containing an individual breakdown of financial reports submitted by each political party, shall also include an indication on those parties that have not submitted their reports and those that after submitting them have not revised them following a notification to do so. 
(3) Financial reports and related final decisions shall be made public by the CNE immediately afterwards. 
(4) Financial reports and related final decisions shall be made public in the Official Gazette on a free-of-charge basis and shall be posted on the CNE’s website. 
(5) Where consideration by the CNE proves that obligations provided for in this law and carrying a fine penalty or an imprisonment sentence have not been complied with, transcripts of the financial reports concerned shall be requested and sent to the General Prosecution Service for appropriate legal action. 
Source: Section 17, Legal Regime for the financing of political parties, 2008

(1) The CNE shall consider financial reports submitted to it within 20 days after it has received comments from its auditors. 
(2) The final decision, besides containing an individual breakdown of financial reports submitted by each political party, shall also include an indication on those parties that have not submitted their reports and those that after submitting them have not revised them following a notification to do so. 
(3) Financial reports and related final decisions shall be made public by the CNE immediately afterwards. 
(4) Financial reports and related final decisions shall be made public in the Official Gazette on a free-of-charge basis and shall be posted on the CNE’s website. 
(5) Where consideration by the CNE proves that obligations provided for in this law and carrying a fine penalty or an imprisonment sentence have not been complied with, transcripts of the financial reports concerned shall be requested and sent to the General Prosecution Service for appropriate legal action. 
Source: Section 17, Legal Regime for the financing of political parties, 2008

Section 21
Non-compliance with rules governing organized accounting systems
(1) A political party with no organized accounting system shall be made to pay a penalty from US$ 1,500 (one thousand five hundred US dollars) to US$15,000 (fifteen thousand US dollars). 
(2) A political party with an organized accounting system but which does not comply with the formalities set out by Section 3(2), Sections 5-10, and Section 12 shall be made to pay a penalty from US$1,500 (one thousand five hundred US dollars) to US$5,000 (five thousand US dollars). 
Section 22
Failure to submit financial reports
A political party that does not submit its financial reports or that, after having been notified to revise such reports, does not comply within the established deadline shall be made to pay a penalty up to US$2,000 (two thousand US dollars) and shall cumulatively forfeit its right to future grants from the State.
Section 23
Illegal revenue-raising
Leaders of political parties, individuals and managers of corporations who get personally involved in raising revenue for the benefit of a political party in contravention of the provisions of this law shall be sentenced to imprisonment from 6 months to 2 years or made to pay a penalty from US$500 (five hundred US dollars) to US$5,000 (five thousand US dollars).
Section 24
Failure to comply with other obligations
A person who does not comply with any other obligation provided for in this law shall, in the absence of applicable legal provisions, be sentenced to up to 1-year imprisonment or be made to pay a penalty up to US$500 (five hundred US dollars).
Source: SectionS 21-24, Legal Regime for the financing of political parties, 2008