Portugal - 2011 Party Finance Law
Title | Regime governing individual donations |
Chapter | CHAPTER II. Financing of political parties |
Article |
7 1 - Donations of a financial nature made by identified individual persons are subject to an annual limit of 25 times the value of the IAS per donor and must be transacted by cheque or bank transfer. 2 - Donations which are pecuniary in nature are to be deposited in bank accounts intended solely for that purpose and in which only deposits having this origin may be made. 3 - Notwithstanding the acts and own personal contributions of activist activity, donations in kind, and property transferred on loan, are considered, for the purposes of the limit specified in paragraph 1, at their current market value and are to be itemised on the list referred to in point b) of paragraph 3 of article. 12 4 - Acquisitions of goods from political parties at a value which clearly exceeds market value shall be considered donations and shall be subject to the regime set out in paragraph 1.
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Categories |
- Party finance (Private funding) |
Source | http://www.parlamento.pt/Legislacao/Documents/Legislacao_Anotada/FinanciamentoPartidosPoliticosCampanhasEleitorais_Anotado.pdf |