47. Do political parties have to report regularly on their finances?

Sri Lanka

Sri Lanka

Answer
Yes
Source

Source: 

Sections 8 and 9, Parliamentary Elections Act No. 1 of 1981

8 (4) A copy of the annual statement of accounts of every recognised political party audited by a registered auditor shall be submitted to the Commission.

9 (3) A political party which is entitled to be treated as a recognised political party for the purpose of elections shall cease to be so entitled—
(i) if not one single candidate of such party is nominated for two consecutive Parliamentary general elections;
(ii) if it does not conform to the requirements of subsections (1), (3), (4) and (7) of section 8.

https://www.srilankalaw.lk/revised-statutes/alphabetical-list-of-statutes/862-parliamentary-elections-act.html 

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