41 Duty to keep accounting records
Political Parties, Elections and Referendums Act 2000 (2000 c 41) | Legislation

Part III Accounting Requirements for Registered Parties

Accounting records

41  Duty to keep accounting records

(1)     The treasurer of a registered party must ensure that accounting records are kept with respect to the party which are sufficient to show and explain the party's transactions.

(2)     The accounting records must be such as to—

(a)     disclose at any time, with reasonable accuracy, the financial position of the party at that time; and

(b)     enable the treasurer to ensure that any statement of accounts prepared by him under section 42 complies with the requirements of regulations under subsection (2)(a)

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