53. Must reports from political parties and/or candidates include information on itemized income?

Political Parties Act, 2018

Art. 27.- (2)A political party may, for the purposes of financing its activities, appeal for, and receive donations from, any individual or organization. within or outside Malawi: Provided that the source of every donation, whether in cash or in kind and whether once off or cumulatively, with a monetary value of at least KI,000.000 from an individual donor and of at least K2,000,000 from an organization shall within ninety days of its receipt, be declared to the Registrar by the political party concerned.

Art 29. "(I) A political party shall ensure that the ownership of all donations received by the party under section 27 in the form ofassets arc vested in the name ofthe party. (2) A political party shall, on the date of its application for registration and thereafter after every five years, declare the assets owned by the political party to the Registrar in the prescribed form."