24. Is there a ban on political parties taking loans in relation to election campaigns?

"(3) Political parties may contract loans from banks to an amount not exceeding two-thirds of the revenue for the last preceding calendar year as reported to the National Audit Office.

(4) The revenue referred to in Paragraph (3) shall include the state subsidy and the revenue referred to in Items 1, 2, 5 and 6 of Paragraph (1)."

Source: Article 23 (3-4), The Political Parties Act, 2005

Parties have the right to receive loans during the calendaristic year, but the Political Parties Act does not specify whether the loans are to be speciaifically spent on election campaigns. On the other hand, the list of allowed sources of income for candidates during election campaigns does not include loans.