(1) Each party and nomination committee shall designate a person or persons to be responsible for the financial resources raised and spent and for the bookkeeping of the party or committee in connection with the election campaign.

(2) Each coalition shall designate one of the parties participating in it to be responsible for the financial resources raised and spent and for the bookkeeping of the coalition in connection with the election campaign thereof, and a person or persons referred to in Paragraph (1).