The Government has issued guidance to future candidates for the elected National Council on the subject of financial agents. Monegasques go to the polls to elect a new National Council in February.
Pursuant to the provisions of Chapter III of the Law of July 2, 2012, as amended, each candidate must appoint a financial agent, which he must declare when filing his nomination paper, the Government said.
If the law envisages (Article 11) that this designation may take place after the beginning of the campaign, it is normal and highly preferable that the candidate appoint his financial representative from the start.
The amended Law of July 2 gives the candidates a great deal of freedom in choosing their financial representative.
Each candidate standing for a list will have to group together and justify all the expenses incurred by all the candidates on the list, as well as all the electoral income on the list.
This complex process will be all the easier to manage as the number of financial representatives will be smaller. In fact, it would be beneficial, in any case where they deem it possible, that candidates choose the same names, normally those of the representatives who will present the account of each list to the Campaign Audit Committee.
The Government adds that these are guidelines only, and not binding.