54. Must reports from political parties and/or candidates include information on itemized spending?

Greco Eval III Rep _2011_ 1E Final Ukraine PF PUBLIC

Article 17, para 6, 1) of the LPP

Election subjects' financial statements are to contain each item of expenditure from the current accounts (indicating the date of payment; number of payment order; the beneficiary’s full name and code in the State Register of Enterprises and Organisations or in the State Register of Individual Taxpayers; purpose of payment; and amount of expenditure) 

Parties' financial reports must contain: the date of every payment from the accounts of the party and its local organizations registered as legal persons, as well as payment from the election fund of the party, party’s local organization or candidate of the party or party’s local organization for the respective national or local elections (if the elections were held); the names of all the recipients of those payments, with indication of the data specified in the paragraph 2 of this Part of the Article with respect to the persons who make donations to political parties); the purposes to be covered by each payment and the amount of each payment; and 5) the date on which the financial obligation of the party or its local organization registered as legal person has emerged; the date when such obligation will be executed; the value of such obligation by the end of the reporting period; the name of the person in whose favor the financial obligation will be executed (with indication of the data specified in the paragraph 2 of this Part of the Article with respect to the persons who make donations to political parties). The information specified in Part 9 of this Article shall be presented in the party’s report on property, incomes, expenses and financial obligations as a progressive total by the end of the reporting period, separately for the party, its local organization registered as legal person, or candidate in the respective elections (if the elections were held).