Does the country publish candidate/party financing reports online?
Seychelles
Answer
No
Source
Political Parties (Registration And Regulation) Act, 2012
24. (1) A registered political party shall keep proper accounts of all money received and paid by the political party in each year in such manner and form as the Commission may direct.
(2) A registered political party shall, before the 31st March of each year, prepare a statement made up to the 31st December of the immediately preceding year of all receipts and expenditures of the political party in that preceding year and of all assets and liabilities of the political party existing on the 31st December of that preceding year.
(3) A registered political party is not required to disclose in a statement prepared under subsection (2) -
(a) the source of the receipts of the registered political party; or
(b) the identity of the person in respect of whom the expenditure was incurred.
(4) The statement prepared under subsection (2) shall be audited by an auditor appointed by the registered political party.
(5) A registered political party shall, on or before the 30th June in each year, send to the Commission a copy of the statement prepared under subsection (2), together with a copy of the report made by the auditor on the statement, for the immediately preceding year.
26. A registered political party shall be exempt from tax on its income.
27. (1) There is hereby established a fund to be called the Political Parties Financial Support Fund hereinafter referred to as the ?Fund?.
(2) The Fund shall be administered by the Commission.
28. (1) The moneys of the Fund shall consist of monies appropriated by an Appropriation Act and paid into the Fund.
(2) The moneys of the Fund shall be applied by the Commission for the payment of financial assistance to registered political parties.
30. (1) The Commission shall cause to be kept proper books and accounts of the Fund and cause to be prepared for each year a statement of accounts.
(2) The Commission shall on or before 31st March of each year submit to the National Assembly a copy of the statement of accounts prepared under subsection (1) for the immediately preceding year.
31. The Commission shall on or before 31st March of each year submit to the National Assembly a report in respect of the functions of the Commission under this Act for the immediately preceding year.
http://www.seylii.org/sc/legislation/consolidated-act/173
24. (1) A registered political party shall keep proper accounts of all money received and paid by the political party in each year in such manner and form as the Commission may direct.
(2) A registered political party shall, before the 31st March of each year, prepare a statement made up to the 31st December of the immediately preceding year of all receipts and expenditures of the political party in that preceding year and of all assets and liabilities of the political party existing on the 31st December of that preceding year.
(3) A registered political party is not required to disclose in a statement prepared under subsection (2) -
(a) the source of the receipts of the registered political party; or
(b) the identity of the person in respect of whom the expenditure was incurred.
(4) The statement prepared under subsection (2) shall be audited by an auditor appointed by the registered political party.
(5) A registered political party shall, on or before the 30th June in each year, send to the Commission a copy of the statement prepared under subsection (2), together with a copy of the report made by the auditor on the statement, for the immediately preceding year.
26. A registered political party shall be exempt from tax on its income.
27. (1) There is hereby established a fund to be called the Political Parties Financial Support Fund hereinafter referred to as the ?Fund?.
(2) The Fund shall be administered by the Commission.
28. (1) The moneys of the Fund shall consist of monies appropriated by an Appropriation Act and paid into the Fund.
(2) The moneys of the Fund shall be applied by the Commission for the payment of financial assistance to registered political parties.
30. (1) The Commission shall cause to be kept proper books and accounts of the Fund and cause to be prepared for each year a statement of accounts.
(2) The Commission shall on or before 31st March of each year submit to the National Assembly a copy of the statement of accounts prepared under subsection (1) for the immediately preceding year.
31. The Commission shall on or before 31st March of each year submit to the National Assembly a report in respect of the functions of the Commission under this Act for the immediately preceding year.
http://www.seylii.org/sc/legislation/consolidated-act/173
Comment
The Political Parties (Registration And Regulation) Act, 2012, provides that political parties must produce financial reports and share with the Electoral Commission. The Commission further manages a Political Parties Fund which is geared towards support of the parties. The commission must share with the National Assembly a report on their management of this fund.
The law is however silent on the mode of sharing of this information and a such of the Electoral Commission did not reveal any financial records for political parties.
The law is however silent on the mode of sharing of this information and a such of the Electoral Commission did not reveal any financial records for political parties.
