Definition

1   In this regulation, "Act" means the Election Act.

Additional information to be included in annual financial report

2   For the purposes of section 207 (3) (j) of the Act, an annual financial report for a registered political party or registered constituency association must include the following information for each fundraising function held by or on behalf of the organization during the year:

(a) details about income not reported as contributions, including the number of tickets sold and the charge per ticket;

(b) for specified fundraising functions, the information recorded under section 190 (6) of the Act.

Classes of income — registered political party

3   For the purposes of section 207 (5) of the Act, the income of a registered political party must be reported according to the following classes:

(a) political contributions;

(b) gross fundraising income not reported as political contributions;

(c) transfers, referred to in section 180 (6) of the Act, received by the registered political party;

(d) interest and investment income;

(e) product sales;

(f) advertising income;

(g) rental income;

(h) reimbursement of election expenses;

(i) annual allowance;

(j) other income.

Classes of income — registered constituency association

4   For the purposes of section 207 (5) of the Act, the income of a registered constituency association must be reported according to the following classes:

(a) political contributions;

(b) gross fundraising income not reported as political contributions;

(c) transfers, referred to in section 180 (6) of the Act, received by the registered constituency association;

(d) interest and investment income;

(e) product sales;

(f) advertising income;

(g) rental income;

(h) other income.

Classes of expenditures

5   For the purposes of section 207 (5) of the Act, the expenditures made or incurred by a registered political party or registered constituency association must be reported according to the following classes:

(a) accounting and audit services;

(b) the following classes of advertising:

(i) commercial canvassing in person or by telephone or other means of electronic communication;

(ii) printed newspapers and periodicals;

(iii) promotional materials, including newsletters, brochures, buttons and novelty items;

(iv) radio and podcasts;

(v) signs;

(vi) social media;

(vii) television and video;

(viii) online other than social media;

(ix) other forms of advertising;

(c) amortization expense;

(d) bad debt expense;

(e) banking and payment processing fees;

(f) conventions, workshops, meetings and social functions other than fundraising functions;

(g) donations and gifts;

(h) fundraising functions;

(i) Repealed. [B.C. Reg. 106/2024, Sch., s. 6 (d).]

(j) interest expense;

(k) office rent, utilities, insurance and maintenance;

(l) office supplies, including furniture, equipment and stationery;

(m) postage and courier;

(n) professional services;

(o) research and data, including election surveys and polls;

(p) salaries and benefits;

(q)-(r) Repealed. [B.C. Reg. 106/2024, Sch., s. 6 (f).]

(s) telecommunications and information technology;

(t) transfers, referred to in section 180 (6) of the Act, made by the registered political party or registered constituency association;

(u) travel;

(v) other expenditures.

[am. B.C. Reg. 106/2024, Sch., s. 6.]