ISLAMABAD  -  The election regulatory body (ECP) on Thursday once again drew the attention of the Members of the Parliament and provincial assemblies to submit yearly statements of assets and liabilities to the Election Commission by 31st December.

The ECP asked for yearly statements of assets and liabilities including their spouse and dependent children as on the preceding thirtieth day of June on Form-B for the financial years 2023-2024 being a mandatory requirement under Section 137 of the Elections Act, 2017.

As per rules regarding submission of statement of assets and liabilities, every member of an assembly and Senate shall submit to the Commission, on or before 31st December each year, a copy of his statement of assets and liabilities including assets and liabilities of his spouse and dependent children as on the preceding thirtieth day of June on Form B. The Commission, on the first day of January each year through a reminder, shall publish the names of members who failed to submit the requisite statement of assets and liabilities within the period specified under sub-section (1).

It said, “ The Commission shall, on the sixteenth day of January, by an order suspend the membership of a Member of an Assembly and Senate who fails to submit the statement of assets and liabilities by the fifteenth day of January and such Member shall cease to function till he files the statement of assets and liabilities. “

The commission also said that the prescribed Form-B along with instructions / guidelines prepared in this regard can be obtained free of cost from the Election Commission Secretariat, Islamabad, offices of Provincial Election Commissioners of respective Province, Senate Secretariat, National Assembly Secretariat and Secretariats of concerned Provincial Assemblies.