Duty to file declaration of financial affairs

(1) A person in public life shall, in accordance with this Act, file with the Commission, a sworn declaration of assets, income and liabilities in the manner prescribed in Form A of the Second Schedule. (2) A declaration shall be filed pursuant to subsection (1) of this section, (a) in the case of a person who is a person in public life at the commencement, in respect of his or her assets, income and liabilities for the year; (b) in the case of a person who becomes a person in public life after the date of commencement of this Act, within three months of his becoming a person in public life, in respect of his or her assets, income and liabilities for the year ended on the previous 31st December, and thereafter on the 31st December in each year that the person is a person in public life, in respect of his assets, income and liabilities as at the 31st day of December in that year, so, however, that a declaration required to be furnished on the 31st day of December in any year shall be deemed to comply with the requirements of this subsection if it is furnished before the 1st day of March next following that date; (c) in the case of every person who ceases to be a person in public life, at any time after the commencement of this Act, on the first anniversary of the date on which he or she ceases to be a person in public life in respect of his assets, income and liabilities, covering 16 Prevention of Corruption the period from the date of his or her last declaration to the date on which he is required by this paragraph to furnish a (3) Notwithstanding the provisions of this section, the Commission may in any particular case for good cause extend the time for the furnishing of a declaration under this Act after the expiration thereof for a period not exceeding three months. (4) Every declaration furnished pursuant to this section shall be verified by affidavit sworn before a Magistrate, Justice of the Peace, Commissioner of the Supreme Court, or the Registrar of the Supreme Court, as to the truth and accuracy of the contents of such declaration. (5) The form of the declaration referred to in subsection (1) of this section may, at any time, be varied by the Prime Minister on the recommendation of the Commission by regulations made under this Act.