Canada Elections Act

Version of section 403.35 from 2007-01-01 to 2014-12-18:


Marginal note:Return on financial transactions

  •  (1) The financial agent of a registered association shall, for each fiscal period of the association, provide to the Chief Electoral Officer

    • (a) a financial transactions return, substantially in the prescribed form, on the association’s financial transactions;

    • (b) the auditor’s report on the financial transactions return, if one is required under subsection 403.37(1); and

    • (c) a declaration in the prescribed form by the financial agent that the financial transactions return is complete and accurate.

    • (d) [Repealed, 2006, c. 9, s. 41]

  • Marginal note:Contents of return

    (2) A financial transactions return must set out

    • (a) a statement of contributions received by the registered association;

    • (b) the number of contributors;

    • (b.1) [Repealed, 2006, c. 9, s. 41]

    • (c) the name and address of each contributor who made contributions of a total amount of more than $200 to the registered association, that total amount, as well as the amount of each such contribution and the date on which it was received by the association;

    • (d) [Repealed, 2006, c. 9, s. 41]

    • (e) a statement of the registered association’s assets and liabilities and any surplus or deficit in accordance with generally accepted accounting principles, including a statement of

      • (i) disputed claims under section 403.33, and

      • (ii) unpaid claims that are, or may be, the subject of an application referred to in subsection 403.31(1) or section 403.32;

    • (f) a statement of the registered association’s revenues and expenses in accordance with generally accepted accounting principles;

    • (g) a statement of the commercial value of goods or services provided and of funds transferred by the registered association to the registered party, to another registered association or to a candidate endorsed by the registered party;

    • (h) a statement of the commercial value of goods or services provided and of funds transferred to the registered association from the registered party, another registered association, a candidate, a leadership contestant or a nomination contestant;

    • (i) a statement of loans or security received by the registered association, including any conditions on them;

    • (i.1) a statement that provides full disclosure of financial loans for the purposes of the campaign, including interest rates, repayment schedules and the name of the lender; and

    • (j) a statement of contributions received by the registered association but returned in whole or in part to the contributors or otherwise dealt with in accordance with this Act.

  • Marginal note:Loans

    (3) For the purpose of subsection (2), other than paragraph (2)(j), a contribution includes a loan.

  • Marginal note:Period for providing documents

    (4) The financial agent of a registered association shall provide the documents referred to in subsection (1) within five months after the end of the fiscal period.

  • 2003, c. 19, s. 23;
  • 2006, c. 9, s. 41.
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