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1. Independent political campaign participants shall handle the political campaign accounting in accordance with the procedure laid down by this Law and other legal acts.
2. The political campaign accounting shall be managed by the political campaign treasurer with whom a person wishing to be registered as an independent political campaign participant must conclude a property trust agreement in accordance with the requirements of Chapter L of Book Six of the Civil Code of the Republic of Lithuania (hereinafter referred to as "the Civil Code").
3. Only a citizen of the Republic of Lithuania or a permanent resident of the Republic of Lithuania may be a political campaign treasurer.
1) a potential candidate or a candidate;
2) a referendum initiator and a referendum opponent;
3) an electoral or referendum commission member;
4) an auditor who carries out the inspection of a political party or political campaign in accordance with the procedure laid down by this Law;
5) a natural person who has been declared by the court legally incapable or with limited capacity, or who has not completed serving a court-imposed sentence.
4. The political campaign treasurer shall:
1) fill in and sings donation sheets, accounting records of the political campaign funding, a political campaign funding statement;
2) manage and store accounting-related documents of the political campaign in accordance with the procedure laid down by this Law and the Accounting Law;
3) within 10 working days post on the website of the Central Electoral Commission the data on donations received ad political campaign funding agreements concluded during the political campaign period;
4) control political campaign expenditure and supervise that the said expenditure would not exceed the expenditure amounts fixed in paragraphs 2 and 3 of Article 17 of this Law;
5) if an obligation, set out in paragraph 2 of Article 24 of this Law, does not arise for an independent political campaign participant, shall submit a political campaign funding report to the Central Electoral Commission not later than within 25 calendar days from the proclamation of the final results of the election (rerun election) or referendum;
6) if an obligation, set out in paragraph 2 of Article 24 of this Law, arises for an independent political campaign participant, shall submit a political campaign funding statement and the auditor's report on findings to the Central Electoral Commission not later than within 85 calendar days from the proclamation of the final results of the election (rerun election) or referendum;
7) shall, together with a political campaign funding statement, submit to the Central Electoral Commission the documents substantiating political campaign proceeds and expenditure;
8) shall perform other functions prescribed by this Law.
5. An independent political campaign participant or a person authorised by him shall:
1) sing accounting records of the political campaign funding and a political campaign funding statement;
2) immediately hand the concluded agreements and other financial documents over to the treasurer;
3) create for the treasurer conditions to exercise the rights set out for him in legal acts.
6. All political campaign proceeds received by the political party from the sources specified in paragraph 8 of Article 7 of this Law and all political campaign proceeds received by other independent political campaign participants from the sources specified in Article 8 of this Law as well as political campaign expenditure or assumed financial liabilities shall be entered in the accounting records of the political campaign funding.
7. All political campaign proceeds and expenditure as well as assumed liabilities (according to expenditure groups) shall be specified in a political campaign funding statement in compliance with the description of the procedure for filling in and submitting the political campaign funding statement approved by the Central Electoral Commission. The list of donations and donors or sums of donations according to the groups of donors shall be submitted separately.
8. When the political campaign treasurer terminates the agreement, is unable to carry out his duties because of the circumstances laid down in paragraph 3 of this Article or dies, an independent political campaign participant must conclude an agreement, referred to in paragraph 2 of this Article, with another person and notify the Central Electoral Commission about this.