Romania - 2010 Party Finance Law

Title Article 26
Chapter Chapter IV - Financing during election campaigns
Section II - Financial representative
Article

26

(1) Donations or legacies from natural persons or legal entities are received only through a financial representative, designated to this end by the party management.
(2) In case of elections for the Chamber of Deputies and the Senate, donations and legacies meant for a certain candidate or party received after the official announcement of the election date can only be made through a personal financial representative or the party financial representative. S/he can be appointed by the management of political parties, political alliances, election alliances, organizations of Romanian citizens belonging to national minorities for their candidates or can be elected personally by each candidate.
(3) The financial representative must keep track of the financial operations as follows:
a) nationally, in the case of elections for the position of President of Romania and for the election of Romania's representative at the European Parliament;
b) for every election sector, in the case of elections for the Chamber of Deputies and the Senate;
c) for each county election circumscription in the case of elections for county counselors and chairman of the county council;
d) for each local election circumscription, in the case of candidates running for mayor and local counselors.
(4) The financial representative has the following attributes:
a) to organize the records of incomes received for the election campaign, the transfer of funds from incomes obtained outside the election period and of costs made for the campaign;
b) to check the lawfulness of the financial operations carried out during the campaign, the compliance with the provisions on donations registered in the period between the announcement of the election date and the completion of the campaign;
c) to send to the Permanent Electoral Authority the report on compliance with the legal terms on the financing of political parties during the campaign.
(5) The financial representative is jointly liable with the party that designated him/her for the lawfulness of the financial operations carried out during the campaign and for compliance with the provisions of art. 23-25.
(6) The financial representative can be a natural person or legal entity.
(7) A party may have several financial representatives at central level, for branches or candidates; in this case, their powers shall be delimited and a coordinating financial representative shall be designated.
(8) The coordinating financial representative represents the party in its relation with the Permanent Electoral Authority.
(9) During campaigns for the election of the Chamber of Deputies and the Senate, the financial operations of each candidate are recorded by a personal financial representative, who can be the same for several candidates. The candidates' financial representatives sent the reports stipulated by the law to the Permanent Electoral Authority, through the coordinating financial representative.
(10) The Permanent Electoral Authority may ask, if necessary, for further documents or explanations from the candidates' financial representatives.
(11) The quality of financial representative is obtained only after its official registration with the Permanent Electoral Authority. The registration of the financial representative occurs between the announcement of the election date and the beginning of the election campaign, being made public in the media or on the party web page.
(13) Candidates cannot be financial representatives.

Categories - External oversight (Public access)
- External oversight (Subject of monitoring)
- External oversight (Type of authority)
- Party finance (Private funding)
- Party finance (Report and disclosure)
Source http://www.lege-online.ro/lr-LEGE-334-2006-(120830).html