47. Do political parties have to report regularly on their finances? - Papua New Guinea

Country: 
Papua New Guinea
Question: 
47. Do political parties have to report regularly on their finances?
Answer: 
Yes
Comments: 

Political parties must report each contribution received within 30 days of its  receipt, and  must report on their finances within 3 months of the return of the writs for an election and therafter every 12 months. Contributors must also report each contribution made to a political party within 30 days of making the contribution.

Source: 

(5) A non-citizen, who makes a contribution to –

  • a registered political party; or
  • a candidate at an election,

shall, within 30 days of making the contribution, inform the Registrar of –

  • the amount of the contribution; and
  • the name of the political party or candidate, as the case may be, to which or whom the contribution was made; and
  • the date on which the contribution was made; and
  • such other matters concerning the contribution as may be prescribed.

(6) A person, who fails to comply with Subsection (5), is guilty of an offence.

Penalty: A fine not exceeding the amount of the contribution in relation to which the offence was committed.

(7) A –

  • registered political party; or
  • candidate at an election, shall, within 30 days of receiving a contribution from a non-citizen, inform the Registrar of –
  • the amount of the contribution; and
  • the name of the non-citizen from whom the contribution was received; and
  • the date on which the contribution was made; and
  • such other matters concerning the contribution as may be prescribed. (8) A –
  • registered political party which; or
  • candidate who,

fails to comply with Subsection (7), is guilty of an offence.

Penalty: A fine not exceeding the amount of the contribution in relation to which the offence was committed

Source: Article 81, Organic Law on the Integrity of Political Parties and Candidates 2003, No 0 of 2003

(5) A citizen, who makes a contribution to –

  • a political party; or
  • a candidate at an election,

shall, within 30 days of making the contribution, inform the Registrar of –

  • the amount of the contribution; and
  • the name of the political party or candidate, as the case may be, to which or whom the contribution was made; and
  • the date on which the contribution was made; and
  • such other matters concerning the contribution as may be prescribed.

(6) A person, who fails to comply with Subsection (5), is guilty of an offence.

Penalty: A fine not exceeding the amount of the contribution in relation to which the offence was committed.

(7) A –

  • registered political party; or
  • candidate at an election,

shall, within 30 days of receiving a contribution from a citizen, inform the Registrar of –

  • the amount of the contribution; and
  • the name of the citizen from whom the contribution was received; and
  • the date on which the contribution was made; and
  • such other matters concerning the contribution as may be prescribed.

(8) A –

  • registered political party which; or
  •  

who fails to comply with Subsection (7), is guilty of an offence.

Penalty: A fine not exceeding the amount of the contribution in relation to which the offence was committed.

Source: Article 79, Organic Law on the Integrity of Political Parties and Candidates 2003, No 0 of 2003

 

88.         FINANCIAL RETURNS BY POLITICAL PARTIES.

(1) Within three months after the date fixed for the return of writs following a general election and every twelve months thereafter, the public officer of a political party shall lodge with the Registrar a financial return specifying –

  • details of all contributions which that political party has received; and
  • details of all other receipts and income of that political party; and
  • details of all expenditure which that political party has incurred, during the period –
  • in the case of a financial return lodged following the return of writs in a general election – of 12 months preceding the date of return of the writs; and
  • in the case of any other financial return – since the date of the end of the period covered by the previous financial return.

(2) A financial return under Subsection (1) shall contain –

(a)          in respect of each contribution –

  • the full name and address of each contributor; and
  • the date of receipt of the contribution; and
  • where the contribution was made in cash – the amount;
  • where the contribution was not made in cash – and nature and value of the contribution; and

(b)          in respect of receipts and income –

  • full details of the source and nature of the income or of the sum received; and
  • the date of receipt of the income or sum received; and

(c)          in respect of each item of expenditure –

  • the full name and address of each recipient of expenditure; and
  • the date on which the expenditure was made; and
  • the nature and value of the expenditure; and

(d)          in respect of each item of expenditure on a candidate –

  • the full name and address of the candidate; and
  • the name of the electorate for which he was a candidate; and
  • the date on which the expenditure was made; and
  • the nature and value of the expenditure.

 (3) Where a financial return lodged with Registrar under Subsection (1) –

  • is not complete; or
  • lacks detail or substance in any respect,

the Commission may require the political party or the candidate to furnish such further information as the Commission may direct.

(4) A political party, which fails to file a financial return as required by this section, is guilty of an offence.

Penalty: A fine not exceeding K5, 000.00
Default penalty: A fine not exceeding K50.00

(5) Where a political party has not filed a financial return as required by this section, each executive officer of that political party is guilty of misconduct in office under the Leadership Code.

Source: Article 88, Organic Law on the Integrity of Political Parties and Candidates 2003, No 0 of 2003