Assets, liabilities deadline June 7

Fiji’s 3 biggest political parties have until June 7 to declare their assets and liabilities.

The Social Democratic and Liberal Party, the Fiji Labour Party and the National Federation Party, the applicants of the parties and their executives have to reveal all their assets and liabilities.

And according to the Political Parties Registration, Conduct, Funding and Disclosures Decree, the spouses and children of the applicants and executives also have to reveal their assets and liabilities.

They also have to provide details of their total income whether in Fiji or abroad, the source of such income, any business connections, any directorships, any business transaction entered into by each of them and any gift received by each of them whether in Fiji or abroad.

This exempts gifts received in the normal course of events from close relatives or a gift received in accordance with custom in the course of traditional exchange of gifts or in the case of a gift given on behalf of the nation, if the gift is transferred to the government as soon as it is possible to do so without giving offence to the giver.

According to the decree, all these declarations will published in the media and gazetted.