Cyprus - 2011 Party Law

Title Article 6
Article

6

(1) (a) The financial management of political parties, the revenue and expenditure, as well as the contributions paid to the Special Common Fund as provided by section (4) of article 5 shall be audited annually by the Auditor General of the Republic in accordance with the accounting standards applicable in the Republic. The political parties are obliged to publish a summary of their financial accounts in the daily press:
It being understood that the election expenses shall be submitted to the Auditor General of the Republic in financial accounts provided in a designated form for control purposes, within forty-five days from the date of the last elections.
(b) the Auditor General of the Republic shall draw up a report on the results of the audit he carries out pursuant to subsection (a) of this article.
(2) The Auditor General of the Republic shall publish his report, and where he establishes a violation of the provisions of this Law, he shall forward the report to the Registrar.

 

Categories - External oversight (Public access)
- External oversight (Subject of monitoring)
- External oversight (Type of authority)
- Party finance (Report and disclosure)
Source http://legislationline.org/topics/country/36/topic/1/subtopic/16