Political parties asked to submit account statements by 29th

ISLAMABAD: The Election Commission of Pakistan (ECP) has reminded all political parties on Monday to submit their statement of accounts on or before August 29. In a press release, the ECP stated that according to Article 13 of the Political Parties Order, 2002, they must file their statement of account for financial year 2013-2014 on or before August 29, 2014.”
It may be recalled that Article 13 of the Political Parties Order, 2002 requires every political party to submit a consolidated statement of accounts of the party, duly audited by a chartered accountant, containing annual income and expenses; sources of its funds; and assets and liabilities, to the election commission within sixty days from the close of each financial year.
The statement of accounts of the party is required to be accompanied by a certificate signed by the party leader. This certificate must also contain information that the party received no funds from any source, prohibited under Political Parties Order, 2002, and the statement contains an accurate financial position of the party. The statement of accounts is to be submitted in Form-I as prescribed under the Political Parties Rules, 2002. Printed Forms are available, free of cost, at the Election Commission Secretariat, Islamabad and in the offices of the provincial election commissioners, Punjab, Sindh, Khyber Pakhtunkhwa and Balochistan.
The last date of submission for the political parties, enlisted with the ECP is August 29. The party leaders of concerned political parties are advised to submit the statement of accounts audited by a chartered accountant. The statement shall be delivered to the secretary, Election Commission of Pakistan at the Election Commission Secretariat, Constitution Avenue, G-5/2, Islamabad via the party’s office bearer duly authorised by the party leader. As per the provisions of rule 11 of the Political Parties Rules, 2002, any statement received through post, fax, courier service or any other method will not be entertained.

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