Parties asked to file asset statements
ISLAMABAD: With the legal deadline just a week away, the Election Commission of Pakistan (ECP) has asked political parties to file their statements of accounts for the financial year 2023-24 by Aug 29.
In a statement, the commission said political parties are required in terms of Section 210 of the Elections Act 2017, read with Section 204 of the Act and Rules 159 & 160 of the Election Rules 2017, to file with ECP their statements of accounts for financial year, ended on June 30.
The Section 210 of the Elections Act, 2017, provides that a political party shall, in such a manner as may be prescribed, submit to the Commission, within 60 days from the close of a financial year, a consolidated statement of its accounts audited by a chartered accountant on Form-D containing: (a) Annual income and expenses; (b) sources of its funds; and (c) assets and liabilities.
The statement to be submitted to the ECP should accompany the report of a chartered accountant with regard to the audit of accounts of a political party and a certificate signed by an office-bearer authorised by the party head stating that: (a) no funds from any source prohibited under the Elections Act, 2017, were received by the political party; and (b) the statement contains an accurate financial position of the political party. The statement of accounts is to be submitted on Form-D as provided in the Elections Act, 2017.
Printed Forms are available, free of cost, in the Election Commission Secretariat, Islamabad, and in the offices of the provincial election commissioners, Punjab, Sindh, Khyber Pakhtunkhwa and Balochistan. The Form-D / pro forma for source of funds are also available on the ECP’s website.
The statement should be addressed to the secretary of Election Commission of Pakistan, and delivered through an office-bearer of the party, duly authorised by the party head in terms of Rule 156 of the Election Rules, 2017. Statements received through post, fax, courier service or any other mode shall not be accepted.
Published in Dawn, August 22nd, 2024