Canada Elections Act

Marginal note:Statement of assets and liabilities

372 Within six months after becoming a registered party, the registered party shall provide the Chief Electoral Officer with

• (a) a statement, prepared in accordance with generally accepted accounting principles, of its assets and liabilities, including any surplus or deficit, as of the day before the effective date of the registration;

• (b) a report on that statement made by the registered party’s auditor to its chief agent that contains the auditor’s opinion as to whether that statement presents fairly and in accordance with generally accepted accounting principles the information on which it is based; and

• (c) a declaration in the prescribed form by the chief agent of the registered party concerning that statement.