Electoral (Amendment) (Political Funding) Act 2012


Political Parties — Disclosure of Accounts

Amendment of section 19 of Act of 1997.

40.— (1) Section 19 of the Act of 1997 is amended by inserting the following subsection after subsection (4):

“(5) No payments shall be made under this section from the first day of January in any year unless and until—

(a) an annual statement of accounts and a copy of the auditor’s report is furnished in accordance with section 87 to the Standards in Public Office Commission, and

(b) the Standards in Public Office Commission has in accordance with section 88(4) notified the Minister for Public Expenditure and Reform that it is satisfied that the relevant annual statement of accounts complies with Part IX and the guidelines under section 89.”.

(2) Subsection (1) shall come into operation on the 31st day of December following the end of the period specified in subsection (3) of section 86 of the Act of 1997 in respect of the first accounts required to be audited under that section.