Corrigendum to the Law on Financing of Political Parties and Candidates
- Decree: 137-2016
- Published: November 25, 2015
- Category: Constitutional
- Type: Erratum Notice
Summary
This is an official correction of errors in the Law on Political Party Financing. It clarifies which donations are prohibited (such as from public companies, anonymous sources, foreign entities, or religious institutions), establishes fines for those who illegally accept them, and sets that the Oversight Unit must begin operating within 120 days. It affects political parties, candidates, and donors.
Articles
PROHIBITION OF CONTRIBUTIONS. It is prohibited for the obligated subjects to accept, directly or indirectly:
- 1)
Contributions from public entities or companies or those with State participation.
- 2)
Anonymous contributions or donations, except those obtained in popular collections;
- 3)
Contributions or donations from officials and employees serving in the centralized or decentralized public administration, without prior authorization from them. It is prohibited that without the respective authorization, deductions can be constituted. The omission of authorization constitutes a criminal act;
- 4)
Subsidies or government grants, foreign organizations or institutions;
- 5)
Contributions or donations from Executives, Directors or Partners of Commercial enterprises linked to illicit activities;
- 6)
Contributions from religious institutions of any denomination; and,
- 7)
Contributions or donations from foreign natural or juridical persons, regardless of the form in which they act except in the case that there is a kinship link up to the fourth degree of consanguinity and second degree of affinity. The resources or property of the State cannot be unlawfully used for electoral activities, those who violate this provision are administratively, civilly and criminally liable. The obligated subjects who violate the foregoing prohibitions must be sanctioned with a fine equivalent to double the amount illegally received, without prejudice in their case to the cancellation of their legal personality, stipulated in Article 96 numeral 3) and in Title V, Chapters I, II and III of the Electoral Law and of Political Organizations. On page A.22 First Column of the Official Gazette "La Gaceta", Article 73 should read as follows:
COMMENCEMENT OF FUNCTIONS OF THE TECHNICAL UNIT FOR FINANCING, TRANSPARENCY AND OVERSIGHT. The Unit must commence its functions within one hundred twenty (120) days following the entry into force of this Law. On page A.22 First Column of the Official Gazette "La Gaceta", Article 76 should read as follows:
This Law shall enter into force on the day of its publication in the Official Gazette "La Gaceta". MARIO ALONSO PÉREZ LÓPEZ FIRST SECRETARY Books Pamphlets Trifolds Continuous Forms Posters Invoices Business Cards Deed Covers Calendars Book Binding Magazines.
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