ECP directs political parties to submit asset details by August 29

Parties must submit details of their annual income and expenses, sources of their funds, and assets and liabilities.

ISLAMABAD:
The Election Commission of Pakistan (ECP) has directed all political parties to submit details of their assets and liabilities latest by August 29, Express News reported on Friday.

“According to Article 13 of the Political Parties Order 2002, every political party shall submit to the Election Commission, within 60 days from the close of each financial year, a consolidated statement of accounts of the party, duly audited by a Chartered Accountant," a press release issued by the ECP said.


The parties must submit details of their annual income and expenses, sources of their funds, and assets and liabilities.

Under the law, a certificate signed by the party leader must accompany the statement of accounts stating that no funds from any source prohibited under the Political Parties Order, 2002, were received by the party.
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