STATEMENT OF CONTRIBUTIONS &
EXPENDITURES
Rule 8, Section 2 of COMELEC Res.
No. 9476 dated June 22, 2012 provides that, “Not later than thirty (30) days
after the day
of
election, every candidate shall file in triplicate with the offices of the Commission
where he filed his certificate of candidacy except for national positions which should be filed with
the Campaign Finance Unit, a full, true and itemized statement of all contributions
and expenditures in connection with the elections. Within the same period, the
treasurer of every party that participated in the elections shall file with the
Campaign Finance Unit of the COMELEC the party's statement of election contributions
and expenditures.”
It is therefore required for all candidates (winner
and loser) in the last May 13, 2013 Automated National & Local Elections to
comply accordingly with the above quoted provision of law in prescribed forms supported and
accompanied by relevant receipts and documents not later than June 12, 2013.
Failure to file statements of electoral
contributions and expenditures as required shall constitute an administrative
offense for which the .offenders shall be liable to pay an administrative fine
ranging from One Thousand Pesos (PhP1,000.00) to Thirty Thousand Pesos (PhP30,000.00),
at the discretion of the Commission on Elections.
In a Memorandum of Agreement entered
into between DILG and COMELEC it state that, “Before
administering an oath of office to any winning candidate or allowing a winning
candidate assumption into office, the DILG or any attached agencies shall
require him or her to present a Certification from the COMELEC that he or she
have satisfactorily complied with his or her obligation under Section 14 of Republic Act No. 7166 by filing his or
her Statement of Contributions and Expenditures with COMELEC. Absent this
Certification, the winning candidate cannot enter into the execution of his or
her office…”
“Winning candidates shall be issued
a certificate of submission immediately upon filing of their statements of
contributions and expenditures, a copy of which they must submit upon
assumption of office. Said certificate shall only attest to the receipt of the statement
but not as to the veracity of its contents.” (Republic Act No. 7166, Sec. 141).
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