Political parties asked to submit statements of accounts by August 29

Election Commission of Pakistan (ECP) on Thursday asked the political parties to file with Election Commission their statement of accounts for financial year, 2010-2011 on or before August 29. It may be mentioned that under Article 13 of the Political Parties Order, 2002 every political party has to 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, has to be submitted with details of annual income and expenses; sources of funds; and assets and liabilities. The statement of accounts of the party is required to be accompanied by a certificate signed by the party leader, stating that no funds from any source prohibited under Political Parties Order, 2002, were received by the party; 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, in the Election Commission Secretariat, Islamabad and in the offices of the Provincial Election Commissioners, Punjab, Sindh, Khyber Pakhtunkhwa and Balochistan. The party leaders of the concerned political parties are advised to submit the statement of accounts of their parties, duly audited by a Chartered Accountant, by August 29 positively.
The statement shall be delivered to the Secretary, Election Commission of Pakistan in the Election Commission Secretariat, Constitution Avenue, G-5/2, Islamabad through an office bearer of the party, duly authorised by the party leader. As per provisions of rule 11 of the Political Parties Rules, 2002, statement received through post, fax, courier service or any other mode is not entertainable.