25. Is there a ban on candidates taking loans in relation to election campaigns?
Timor-Leste
Financing of candidacies shall be governed by specific legislation and, with the necessary adaptations, by the applicable norms of the law on political parties.
Source: Article 31, LAW ON THE ELECTION OF THE NATIONAL PARLIAMENT, 2006
1. The sources of financing of political parties shall comprise own
revenues and revenues arising from private financing.
2. Own revenues shall consist of:
a) membership fees and other contributions from party
members;
b) proceeds from fundraising activities undertaken by the party;
c) incomes originating from party property;
d) proceeds originating from loans.
3. Private financing shall consist of:
a) donations from individuals;
b) inheritances or legacies.
Source: Section 21, LAW No. 3/2004 ON POLITICAL PARTIES, 2004