Romania - 2003 Party Finance Law

Title Article 17
Chapter CHAPTER IV. Funding during election campaigns
Section Section 3. Financial Authorized Agent
Article

17

(1) The reception for the electoral campaign of state budget subsidies, donations or legacy from individuals or legal entities shall be done only through a financial authorized agent, designated for that purpose by the party leadership.
(2) The financial authorized agent is obliged to make bookkeeping of records of financial transactions for each constituency, in case of elections for the Chamber of Deputies and, respectively, for the Senate, and in case of local elections, for each county, and, respectively, for each candidate for mayor.
(3) The authorized agent shall be jointly liable with the party that appointed him for the legality of the transactions made during the electoral campaign and for preserving the provisions of art. 14-16.
(4) The financial authorized agent may be an individual or a legal entity.
(5) A party may have more financial authorized agents, at central level, for filials or candidates. In such case, their attributions shall be split and a financial authorized coordinator agent shall be appointed.
(6) Several parties may not use the same the services of the same financial authorized agent.
(7) The status of a financial authorized agent shall be acquired only after its official registration at the Court of Auditors and communicated in the media.

 

Categories - External oversight (Subject of monitoring)
- External oversight (Type of authority)
- Party finance (Direct public funding)
- Party finance (Private funding)
- Party finance (Report and disclosure)
Source http://www.legislationline.org/documents/id/15958