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Press Release - Political Parties Disclose Donations Received in 2016

Political Parties

Figures released today by the Standards in Public Office Commission show that political parties disclosed donations valued at €163,640 for 2016.

There were 20 political parties registered during 2016 to contest Dáil or European elections. Each of these parties was required to furnish a Donation Statement in respect of 2016 to the Commission by 31 March 2017. Donations exceeding €1,500 in value received during 2016 were required to be disclosed. The maximum value of donations which a political party could accept from the same donor in the same year was €2,500.

Accounting units

An accounting unit is a branch or other subsidiary organisation of a political party which receives a donation in excess of €100 in any year. An accounting unit, on receipt of a monetary donation in excess of €100, must open and maintain a political donations account in a financial institution in the State. By 31 March each year, a statement from the financial institution in which the account is held together with a Certificate of Monetary Donations must be furnished to the Commission.

Details of Certificates of Monetary Donations and bank statements furnished to the Commission by political parties and their accounting units are not laid before the Houses of the Oireachtas nor put on public display.

The aggregate closing balance held by accounting units in relation to 2016 was €583,655.

The Commission's report gives details of the donations disclosed by political parties as well as information on accounting units.  The report and the political party donations statements are available at http://www.sipo.ie/en/Reports/Annual-Disclosures/Disclosure-by-Political-Parties/2016-Donation-Statements/

Contact: Adam Conway, Press Officer

Standards in Public Office Commission
18 Lower Leeson Street
Dublin 2

Telephone: 01 - 6395666
e-mail: sipo@sipo.ie
website:
www.sipo.ie
Twitter:  @SIPOCIreland