Electoral trust rules: donor limits, non-cash receipts, mandated distributions, and audited annual reporting required. The amendment establishes rules for electoral trusts: permissible donor categories; prohibition on foreign and other electoral trust contributions; mandatory non-cash receipts with donor identification; issuance of detailed receipts; limits on administrative expenditure; computation and timely distribution of distributable contributions to eligible political parties; prohibition on benefiting members, contributors or related persons; maintenance of books, contributor and recipient registers; annual audit and filing of Form No. 10BC with annexure; certified annual reporting of contributors and distributions; and notification of post-approval shareholder changes.
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Provisions expressly mentioned in the judgment/order text.
The amendment establishes rules for electoral trusts: permissible donor categories; prohibition on foreign and other electoral trust contributions; mandatory non-cash receipts with donor identification; issuance of detailed receipts; limits on administrative expenditure; computation and timely distribution of distributable contributions to eligible political parties; prohibition on benefiting members, contributors or related persons; maintenance of books, contributor and recipient registers; annual audit and filing of Form No. 10BC with annexure; certified annual reporting of contributors and distributions; and notification of post-approval shareholder changes.
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