Political Finance Database

Venezuela

Venezuela

Bans and limits on private income
Public funding
Regulations of spending
Reporting, oversight and sanctions
Question Value
1. Is there a ban on donations from foreign interests to political parties?
Code
Yes
2. Is there a ban on donations from foreign interests to candidates?
Code
Yes
3. Is there a ban on corporate donations to political parties?
Code
No
4. Is there a ban on corporate donations to candidates?
Code
No
5. Is there a ban on donations from Trade Unions to political parties?
Code
No
6. Is there a ban on donations from Trade Unions to candidates?
Code
No
7. Is there a ban on anonymous donations to political parties?
Code
Yes
Comment
Contributions and donations made through banking deposits or transfers that makes it difficult or impossible to identify the donor are also prohibited.
8. Is there a ban on anonymous donations to candidates?
Code
Yes
Comment
Contributions and donations made through banking deposits or transfers that makes it difficult or impossible to identify the donor are prohibited.
9. Is there a ban on donations from corporations with government contracts to political parties?
Code
Yes
Source
10. Is there a ban on donations from corporations with government contracts to candidates?
Code
Yes
Source
11. Is there a ban on donations from corporations with partial government ownership to political parties?
Code
Yes
Source
12. Is there a ban on donations from corporations with partial government ownership to candidates?
Code
Yes
Source
13. Is there a ban on the use of state resources in favour or against a political party or candidate?
Code
Yes
Comment
There is a series of prohibitions for public officers under the assumption that they are under the service of the state, and not of any Political organization. For instance, they cannot perform their duties in accordance with their political preferences or in favor or against any political organization, to conduct propaganda activities in their working spaces, or make use of any public facility for political purposes.
14. Is there a limit on the amount a donor can contribute to a political party during a non-election specific period?
Code
No
15. If there is a limit on the amount a donor can contribute to a political party during a non-election specific period, what is the limit?
Code
Not applicable
16. Is there a limit on the amount a donor can contribute to a political party during an election?
Code
No
17. If there is a limit on the amount a donor can contribute to a political party during an election, what is the limit?
Code
Not applicable
18. Is there a limit on the amount a donor can contribute to a candidate?
Code
No
19. If there is a limit on the amount a donor can contribute to a candidate, what is the limit?
Code
Not applicable
20. Is there a limit on the amount a candidate can contribute to their own election campaign?
21. Is there a limit on in-kind donations to political parties?
22. Is there a limit on in-kind donations to candidates?
23. Is there a ban on political parties engaging in commercial activities?
24. Is there a ban on political parties taking loans in relation to election campaigns?
25. Is there a ban on candidates taking loans in relation to election campaigns?
26. Is there a ban on donors to political parties/candidates participating in public tender/procurement processes?
27. Are there provisions requiring donations to go through the banking system?
Question Value
28. Are there provisions for direct public funding to political parties?
Code
No public funding available
Comment
However, public funding of electoral campaigns is technically allowed through a court decision in 2008.
29. What are the eligibility criteria for political parties to receive public funding?
Code
Not applicable
30. What is the allocation calculation for political parties to receive public funding?
Code
Not applicable
31. What are the provisions on 'ear marking' direct public funding to political parties (how it should be used)?
Code
Not applicable
32. Are there provisions for free or subsidized access to media for political parties?
Code
No
Comment
The law allows but does not oblige the Electoral Commission to finance advertising for parties.
33. What criteria determine allocation for free or subsidized access to media for political parties?
Code
No data
34. Are there provisions for free or subsidized access to media for candidates?
Code
Yes
Comment

The Supreme Justice Court ruled in 2008 that the constitutional mandate on parties financing does not prohibit public financing of campaigns. On this basis, the EMB issued a regulation that provided free media access for the referendum held that year. It is uncertain if free media access will be granted in upcoming elections.

35. Are there provisions for any other form of indirect public funding?
Code
No
36. Is the provision of direct public funding to political parties tied to gender equality among candidates?
Code
Not applicable
37. Are there provisions for other financial advantages to encourage gender equality in political parties?
Code
No
Question Value
38. Is there a ban on vote buying?
39. Are there limits on the amount a political party can spend?
Code
No
40. If there are limits on the amount a political party can spend, what is the limit?
Code
Not applicable
41. Are there limits on the amount a candidate can spend?
Code
No
42. If there are limits on the amount a candidate can spend, what is the limit?
Code
Not applicable
43. Are there limits on the amount that third parties can spend on election campaign activities?
44. Are there limits on traditional media advertising spending in relation to election campaigns?
45. Are there limits on online media advertising spending in relation to election campaigns?
46. Do any other restrictions on online media advertisement (beyond limits) exist?
Question Value
47. Do political parties have to report regularly on their finances?
Code
Yes
Comment
Parties are required to report on their finances through the an automatic system on the National Electoral Council website within 90 days of the end of the calendar year.
48. Do political parties have to report on their election campaign finances?
Code
Yes
Comment
Monthly preliminary financial reports during the electoral period and a final and consolidated report after the election.
49. Do candidates have to report on their election campaign finances?
Code
Yes
Comment
Candidates have also to submit monthly preliminary financial reports during the electoral period, through an automated system created by the EMB, and a final and consolidated report 60 days after the election.
50. Do third parties have to report on election campaign finances?
51. Is information in reports from political parties and/or candidates to be made public?
Code
No
Comment

However, the authority regularly publishes the list of those who submitted their financial reports, and citizens using their constitutional right may request the information.

52. Must reports from political parties and/or candidates reveal the identity of donors?
Code
Yes
53. Must reports from political parties and/or candidates include information on itemized income?
54. Must reports from political parties and/or candidates include information on itemized spending?
55. Which institution(s) receives financial reports from political parties and/or candidates?
Code
EMB
Comment
Through an automated system set up by the EMB itself in its webpage.
56. Which institution(s) is responsible for examining financial reports and/or investigating violations?
Code
EMB
57. What power is granted to the institution(s) responsible for examining reports and/or investigating violations?
58. What sanctions are provided for political finance infractions?
Code
Fines
Comment
In case of infringement to Political finance provisions, EMB is entitled to impose fines that may range from 5,ooo to 7,000 tax units.
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