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5. Prohibition on the acceptance of certain donations

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

(1)

A recognized political party, an independent group and a candidate at an election conducted under any law specified in section 2, shall not, directly or indirectly accept or receive a donation or contribution whether such donation or contribution is in cash or kind from-

(a)

a government department, a public corporation or a company incorporated under the Companies Act,

No.7 of 2007 or under any former written law relating to companies in which the government or a public corporation owns any shares;

(b)

a foreign government, an international organization or a body corporate incorporated or registered outside Sri Lanka;

(c)

a company incorporated in Sri Lanka under the

Companies Act, No. 7 of 2007 or under any former written law relating to companies where the foreign shareholding in such company, either direct or indirect, is fifty percent or above; or

(d)

any person whose identity is not disclosed, for the purpose of promoting or procuring the election of such recognized political party, independent group or candidate at such election.

(2)

A candidate who contravenes the provisions of subsection (1) commits an offence of an illegal practice within the meaning of the law specified in section 2 under which such election was conducted and shall be liable to the penalties imposed under such laws in respect of the offence of an illegal practice.