As in the last internal ones, the political financing law is in force in these elections, for the first time in a general election. The parties will have to account for the expenses of D-Day and the entire campaign.
In accordance with the financing law, the electoral expenses of the election day must be justified with legal receipts duly stamped by Taxation, dependent on the Ministry of Finance, and in full and effective force.
A specialized control unit headed by officials of the TSJE will carry out authenticity and correspondence controls of income and expenses. The manifest inaccuracy or falsity duly verified through due process before the TSJE, will have the power to exclude those documentations that do not meet the requirements. These data must be cross-checked with the Secretary of State for Taxation (SET).
After the verification of the TSJE and in case of judicial verification of the violation of the law, the offending candidate will be sanctioned with the suspension of participation for 10 years for elective positions of any kind, including supporters, regardless of jurisdictional sanctions.
Each party, political movement or coalition must submit to the TSJE the balance sheet, table showing income and expenses, as well as a detailed accounting record of the contributions or donations received to finance them, indicating their origin.
The parties may not directly or indirectly accept or receive, in monetary or non-monetary form:
Contributions or donations from foreign entities such as governments, foundations, parties, political movements, institutions and natural or legal persons, unless in the case of natural or legal persons they establish residence or domicile in the country.
Neither are donations from: national, departmental, municipal, autonomous or decentralized entities, State companies, State concessionary companies or those that operate games of chance, national, departmental, municipal, autonomous or decentralized entities, State companies, government concessionary companies. State or those that exploit games of chance, anonymous, individual contributions greater than the equivalent of ten thousand minimum wages.
The party that fails to send the required supporting documents for income, expenses and contributions will be subject to the suspension of all contributions, subsidies or grants from the state for up to three years and two elections, depending on the case. The TSJE will have the power to make removals or discounts of up to 100% of the corresponding electoral subsidy according to the degree of compliance with the campaign renditions and reports presented.
In the last internal ones, only 53% of the Liberal candidates complied with the financing law, while, in the ANR, compliance was 98%, according to the TSJE.
Know more: Opposition embarrassment: Only 53% in the PLRA comply with the law against dirty money in campaigns
