26_2020 — Political Party and Constituency Association Financial Reports Regulation

s. 1 — Definition

In this regulation, Act means the Election Act.

s. 2 — Additional information to be included in annual financial report

For the purposes of section 207 (3) (j) of the Act, an annual financial report for a registered political party or registered constituency association must include the following information for each fundraising function held by or on behalf of the organization during the year:

s. 2(a)

details about income not reported as contributions, including the number of tickets sold and the charge per ticket;

s. 2(b)

for specified fundraising functions, the information recorded under section 190 (6) of the Act.

s. 3 — Classes of income — registered political party

For the purposes of section 207 (5) of the Act, the income of a registered political party must be reported according to the following classes:

s. 3(a)

political contributions;

s. 3(b)

gross fundraising income not reported as political contributions;

s. 3(c)

transfers, referred to in section 180 (6) of the Act, received by the registered political party;

s. 3(d)

interest and investment income;

s. 3(e)

product sales;

s. 3(f)

advertising income;

s. 3(g)

rental income;

s. 3(h)

reimbursement of election expenses;

s. 3(i)

annual allowance;

s. 3(j)

other income.

s. 4 — Classes of income — registered constituency association

For the purposes of section 207 (5) of the Act, the income of a registered constituency association must be reported according to the following classes:

s. 4(a)

political contributions;

s. 4(b)

gross fundraising income not reported as political contributions;

s. 4(c)

transfers, referred to in section 180 (6) of the Act, received by the registered constituency association;

s. 4(d)

interest and investment income;

s. 4(e)

product sales;

s. 4(f)

advertising income;

s. 4(g)

rental income;

s. 4(h)

other income.

s. 5 — Classes of expenditures

For the purposes of section 207 (5) of the Act, the expenditures made or incurred by a registered political party or registered constituency association must be reported according to the following classes:

s. 5(a)

accounting and audit services;

s. 5(b)

the following classes of advertising:

s. 5(b)(i)

commercial canvassing in person or by telephone or other means of electronic communication;

s. 5(b)(ii)

printed newspapers and periodicals;

s. 5(b)(iii)

promotional materials, including newsletters, brochures, buttons and novelty items;

s. 5(b)(iv)

radio and podcasts;

s. 5(b)(v)

signs;

s. 5(b)(vi)

social media;

s. 5(b)(vii)

television and video;

s. 5(b)(viii)

online other than social media;

s. 5(b)(ix)

other forms of advertising;

s. 5(c)

amortization expense;

s. 5(d)

bad debt expense;

s. 5(e)

banking and payment processing fees;

s. 5(f)

conventions, workshops, meetings and social functions other than fundraising functions;

s. 5(g)

donations and gifts;

s. 5(h)

fundraising functions;

s. 5(i)

Repealed. [B.C. Reg. 106/2024, Sch., s. 6 (d).]

s. 5(j)

interest expense;

s. 5(k)

office rent, utilities, insurance and maintenance;

s. 5(l)

office supplies, including furniture, equipment and stationery;

s. 5(m)

postage and courier;

s. 5(n)

professional services;

s. 5(o)

research and data, including election surveys and polls;

s. 5(p)

salaries and benefits;

s. 5(q)-(r)

Repealed. [B.C. Reg. 106/2024, Sch., s. 6 (f).]

s. 5(s)

telecommunications and information technology;

s. 5(t)

transfers, referred to in section 180 (6) of the Act, made by the registered political party or registered constituency association;

s. 5(u)

travel;

s. 5(v)

other expenditures.