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"It is commonly accepted that an effective election campaign needs sufficient resources. Parties and candidates would not be able to convey their programmes to the electorate without financial resources. Therefore political funding is considered a necessary condition for elections in modern democracies. Nevertheless, it should be clear that money may lead to corruption and to unfair political competition in the electoral process. Thus, it is important that election (and party) legislation contains clear and comprehensive regulations on party and campaign finances. "
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CoE (Venice Commission): Report on Electoral Law and Electoral Administration in Europe, para.VI.98

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Report on Electoral Law and Electoral Administration in Europe

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