Latvia - 2011 Party Finance Law

Title Section 8.2 Declaration of Income and Expenses of Elections
Article

8.2

(1) The political organisations (parties) which have submitted their lists of candidates for the election to the Saeima, local government councils (parish councils) or the European Parliament, shall submit to the Corruption Prevention and Combating Bureau a declaration of income and expenses of elections signed by the board of the relevant political organisation (party) or authorised person thereof in accordance with the procedures specified by the Cabinet within a period of 30 days after the election of the Saeima, local government councils (parish councils) or the European Parliament.

(2) The declaration of income and expenses of elections shall disclose all the revenues and expenses which have been incurred over the period from the 120th day before the elections up to the election day, regardless of the date when a document attesting the transaction has been written out (invoice, contract or other document), the payment regarding the following is received or performed:
1) for the placement of advertisements:
a) on public television,
b) on public radio,
c) on commercial television,
d) on commercial radio,
e) in newspapers, magazines, bulletins and other periodicals registered in accordance with the procedure determined by law, produced by print technology and widely circulated throughout the whole territory of the State,
f) in newspapers, magazines, bulletins and other periodicals registered in accordance with the procedure determined by law, produced by print technology and for which the largest part of circulation is being distributed in the territory of a single republic city or district,
g) on the Internet, except for the homepage of the political organisation (party) and/or
h) in premises and public places (in public squares, small public gardens, on streets, bridges and in other similar places) regardless of the possession of the property;

2) using mail services (including electronic mail) for the distribution of pre-election canvassing materials;

3) for the preparation of advertising materials of all types (video materials, audio materials, posters, etc.) for distribution in the manner indicated in Clauses 1 and 2 of this Paragraph;

4) for the planning, preparation and organisation of the election campaign;

5) paying salaries to the persons involved in the election campaign and making other payments to natural persons, with the exception of the cases provided for in Clause 8 of this Paragraph;

6) renting moveable and immovable property for the needs of the election campaign;

7) publishing newspapers, magazines, bulletins, books and other publications produced in print technology for the needs of the election campaign;

8) financing, sponsoring charity events, paying benefits and making gifts (donations); and
9) covering other expenses arising from the election campaign, which shall be disclosed as separate types;

(2.1) If the Saeima is recalled or dissolved the expenses referred to in Paragraph two of this Section which have arisen over the time period from the day following the recalling or dissolution of the Saeima up to the date of the elections shall be indicated in the declaration of income and expenses of elections referred to in Paragraph two of this Section, regardless of the date when a document attesting the transaction has been written out (invoice, contract or other document), payment received or performed.

(3) The Corruption Prevention and Combating Bureau shall perform an audit of declarations of income and expenses of elections and shall, within six months from the closing date of the period for submitting the declarations, inform at once the public regarding all breaches of the provisions for the financing of political organisations (parties) identified in all those declarations submitted, as well as regarding the measures carried out for the prevention thereof.
[12 February 2004 law edition with amendments made with 22 December 2004; 17 July 2008; 16 June 2011 law shall come on force on 7 July 2011]

Categories - External oversight (Subject of monitoring)
- External oversight (Type of authority)
- Party finance (Report and disclosure)
Source http://www.likumi.lv/doc.php?id=36189 (accessed: August 2012)