Home > 2.1.2 Executive bodies > GEORGIA - Joint Opinion on the Draft Law on Amendments and Additions to the Organic Law on Political Unions of Citizens
 
 
 
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VI. Reporting and monitoring of political parties' funds


Financial Declaration









The draft amendments propose to re-draft Article 32, which specifies that before 1st February of each year, a party has to send its financial declaration of the previous year together with the auditor’s conclusion to the Chamber of Control of Georgia. It states that the declaration should include the annual income of a party which no longer takes into consideration the donations made by legal entities, which is consistent with the proposed introduction on corporate donations. This is a good option.21 Additionally, the reference to “auditor (auditing firm)” could be buttressed through a reference to ‘certified auditors’.