Portugal - 2011 Party Finance Law
Title | Own revenues |
Chapter | CHAPTER II. Financing of political parties |
Article |
3 Own revenues 2 - The revenues referred to in the preceding paragraph, when in cash, shall be transacted by cheque or other banking mechanism which allows identification of the amount and its source and shall be deposited in bank accounts intended solely for this purpose, in which only deposits having this origin may be made. 3 - The provisions of the preceding paragraph do not apply in the case of amounts which are less than 25% of the indexante de apoios sociais (social support index), abbreviated as IAS and as established by Law no. 53-B/2006 of 29 December, provided that, over the course of a period of one year, they do not exceed 50 times the value of the IAS, without prejudice to article 12. 4 - Contributions which are made in-kind are permitted, as are the assignment of goods on loan, which are considered according to their current market value and which shall be separately specified in the list referred to in point b) of paragraph 7 of article 12. |
Categories |
- Party finance (Direct public funding) - Party finance (Indirect public funding) - Party finance (Private funding) |
Source | http://www.parlamento.pt/Legislacao/Documents/Legislacao_Anotada/FinanciamentoPartidosPoliticosCampanhasEleitorais_Anotado.pdf |