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Section 29B: Political parties entitled to accept contribution.

The Representation of the People Act, 1951Central Act · Act 43 of 1951

[29B. Political parties entitled to accept contribution.--Subject to the provisions of the Companies Act, 1956 (1 of 1956), every political party may accept any amount of contribution voluntarily offered to it by any person or company other than a Government company:

Provided that no political party shall be eligible to accept any contribution from any foreign source defined under clause (e) of section 2 of the Foreign Contribution (Regulation) Act, 1976 (49 of 1976).

Explanation,--For the purposes of this section and section 29C,--

(a) "company" means a company as defined in section 3;

(b) "Government company" means a company within the meaning of section 617; and

(c) "contribution" has the meaning assigned to it under section 293A, of the Companies Act, 1956 (1 of 1956) and includes any donation or subscription offered by any person to a political party; and

(d) "person" has the meaning assigned to it under clause (31) of section 2 of the Income-tax Act, 1961 (43 of 1961), but does not include Government company, local authority and every artificial juridical person wholly or partially funded by the Government.]

Where this provision sits

ActThe Representation of the People Act, 1951
Section29B
Marginal notePolitical parties entitled to accept contribution.
JurisdictionCentral
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • inserted, Act 46 of 2003. . Ins. by Act 46 of 2003, s. 2 (w.e.f. 11-9-2003).

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