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Disclosure of Election Financing

Disclosure of Election Financing
The Act on the Disclosure of Election Financing (414/2000) came into force on 15 May 2000. It provides an obligation for
- those elected Members of Parliament in Parliamentary elections and those appointed Deputy Members when the election results are confirmed,
- those elected Members of the European Parliament and those appointed Deputy Members when the election results are confirmed,
- parties which have nominated candidates in Presidential elections or representatives of constituency associations or their substitutes and
- those elected Members and Deputy Members of the Council in municipal elections
to submit a notification of the financing of their election campaign (election financing).
In municipal elections the notification shall be submitted to the Central Election Committee of the municipality and in other elections to the Ministry of Justice within two months of the confirmation of the election results. The notification is public.
The notification shall include at least the following information: 1) elections in question, 2) the full name of the candidate and the name of the nominating party. If the candidate has been nominated by a constituency association this shall be mentioned, 3) total costs of the election campaign of the candidate and in municipal elections the costs of the election campaign of the candidate itemised to show individual costs for election advertisements in newspapers and magazines, on the radio, on TV and other mass media, out door advertisements, other election advertisements, planning of the advertisements and election rallies and other costs and 4) costs of the election campaign of the candidate itemised as follows: a) the candidate’s own funds b) contributions received by the candidate, his/her support group and other associations established in his/her support from outside classified in terms of contributions from
- private persons
- enterprises
- party organisations
- other corresponding important donors.
The value of each contribution and the name of the donor shall be stated separately, if the value is at least 3400 EUR in Presidential elections and European elections, at least 1700 EUR in Parliamentary elections and at leaste 1000 EUR in municipal elections. The name of the private donor may not be given without his/her express consent, if the contribution is smaller than the above amount.

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