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THE STANDARDS IN Public Office Commission has published a series of guidelines dealing with the changes introduced by amendments to the Electoral Act 2012 on political funding.
The provisions, which came into effect on 1 January apply to members of, and candidates seeking election to, the Dáil, Seanad, European Parliament and local authorities to political parties, third parties and candidates at a Presidential election.
Included in the provisions are:
Further measures reducing the threshold at which donations must be declared on a donation statement to the Standards Commission by an individual, elected representative or candidate from €634.87 to €600 will come into effect on 1 February.
Additional information must be included on a donation statement indicating whether the donation was solicited, along with the name of the person soliciting the donation, whether a receipt was given and the date the donation was given and received. There is also a provision for a reduction in the threshold from €5,078.95 to €1,500 in the aggregate amount that a donor can give to multiple candidates of the same party before being required to submit a donation statement to the Standards in Public Office Commission.
In April a provision will come into operation reducing the threshold for declaring donations received by a political party from €5,078.95 to €1,500.
Finally, coming into operation on the 7 November 2013 a provision of the Act will reduce from €5,078.95 to €200 the threshold at which donations must be reported by a company, trade union, society or building society in its annual report or return to the Registrar of Companies or Registrar of Friendly Societies.
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