Electoral trust eligibility requires specific registration, mandated naming, sole-object distribution to registered political parties and PAN. Eligibility for approval as an electoral trust requires a company registered for the statutory charitable/company purpose after the scheme's effective ... Summary
Electoral trust eligibility requires specific registration, mandated naming, sole-object distribution to registered political parties and PAN.
Eligibility for approval as an electoral trust requires a company registered for the statutory charitable/company purpose after the scheme's effective registration date; a registered name containing the phrase "electoral trust"; a sole object to distribute received contributions to duly registered political parties; and possession of a permanent account number.
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