Insertion of new sections 29B and 29C

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....n this Chapter referred to as the principal Act), the following sections shall be inserted, namely :- '29B. Political parties entitled to accept contribution. Subject to the provisions of the Companies Act, 1956 (1 of 1956), every political party may accept any amount of contribution voluntarily offered to it by any person or company other than a Government company: Provided that no poli....

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....erson wholly or partially funded by the Government. 29C. Declaration of donation received by the political parties. (1) The treasurer of a political party or any other person authorised by the political party in this behalf shall, in each financial year, prepare a report in respect of the following, namely :- (a) the contribution in excess of twenty thousand rupees received by such political....