How to register your political party

The following categories should be included in your record of assets and liabilities:

• Fixed assets
• Current assets
• Liabilities

You should only report assets and liabilities owned by the party in your record. In some cases, this may include assets and liabilities under a party officer’s name, such as a bank account used to hold party funds. However, you should not report assets and liabilities that are owned and controlled solely by party officers. You should make an honest assessment, based on the facts, of the assets and liabilities you need to include in the record.

If you are unsure whether an asset or liability should be included in your record, please contact us for advice.

The following pages provide detail on how to report each category.